u points) Assume you are an agricultural loan officer for a bank, and a customer requests a loan based on the following balance sheet. Conduct a ratio analysis and give your reasons for granting or denying an additional loan. What is the weakest part of this customer's financial condition? (Be specific and detailed. Show all your calculations to get full points.) Asset Current assets Noncurrent assets $40,000 $240,000 Liabilities Current liabilities Noncurrent liabilities Total liabilities Owner equity Total liability and owner equity $60,000 $50,000 $110,000 $170,000 $280,000 Total assets $280,000