You are a banker with the God$$s Own Bank Ltd$.$ Great Spices Ltd$.$ approaches you for a long$-$term debt $($maturity of $3$ years$).$ The company$$s current ratio is $0\mathrm{.}9$ times at the end of December $2021.$

What will you do$?$

$($a$)$ Sanction the loan, as a constrained short$-$term liquidity ratio has no bearing on Great Spices$$ long$-$term performance.

$($b$)$ Sanction the loan, since ratio does not indicate any stress on the company$$s liquidity position.

$($c$)$ Look for further information$/$Ratios to decide whether to extend the loan or not.

$($d$)$ Refuse the loan as the liquidity position seems weak.