You are a Corporate Credit Analyst for your bank. A new corporate customer in the manufacturing sector approached your bank for a large credit facility in the sum of $20 million for production equipment and warehousing. The customer submitted the following financials to you. Year Ended 30-Sept-19 30-Sept-20 30-Sept-21 Assets (S) Current Assets Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets 4,851.000 321900,000 8.881,000 491.000 1,614.000 6.714.000 27.447.000 11.256.000 1,478,000 2.115.000 49,010,000 9.232.000 3.044.000 3.866.000 539.000 15,982,000 44,610,000 7,987,000 421,000 1,566,000 70,566,000 12,210,000 12,326,000 3,115,000 569,000 Total Current Assets Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Accumulated Amortization Other Assets 48,737,000 11,004,000 2.346.000 3,309,000 499.000 3.906.000 4.920.000 3,603,000 70,815,000 102,389,000 69.597,000 Total Assets Liabilities Current Liabilities Accounts Payable 9.521.000 5.768,000 6,534.000 Other Current Liabilities 12,921,000 22,442,000 7,051,000 11,109,000 16,877,000 5.823,000 8,435.000 14,969,000 2,595,000 Total Current Liabilities Long Term Debt myeLearning English (en) Accounts Payable 9,521,000 5,768,000 6,534,000 Other Current Liabilities Total Current Liabilities Long Term Debt 12,921,000 22,442,000 7,051,000 11,109,000 16,877,000 5,823,000 8,435,000 14,969,000 2,595,000 Stockholders' Equity Common Stock Retained Earnings Total Stockholder Equity 60,413,000 (12,298,000) 48,115,000 66,396,000 18,429,000 84,825,000 59,005,000 (18,901,000) 40,104,000 $35,699,000 $89,000,599 $12,599,000 $44,307,000 $85,689,000 $71,141,000 $125,500,000 Net Tangible Assets Sales Net Income Applicable To Common Shares $10,254,000 $50,168,000 Using the financials provided and your knowledge of credit analysis, answer questions A-F below. Question 1 ) 1A) State the primary factor contributing to the increase in total assets in 2021? (2 marks) Not yet answered Marked out of Question 1 1A) Not yet State the primary factor contributing to the increase in total assets in 2021? (2 marks) answered Marked out of 2.00 P Flag question Answer: Question 2 1B) What was the dividend paid in 2021? (2 marks) Not yet answered Marked out of 2.00 Answer: P Flag question Question 3 Not yet answered 10) Comment briefly on the firm's liquidity, profitability, asset efficiency and debt management using two ratios for each. (8 marks) Marked out of 8.00 Flag question Answer: gish (en) Shelly-Ann Anoop Question 4 Not yet answered 1D) The cash position increased from $6.7 million in 2019 to $16 million in 2021. Does this signal a strengthening of the liquidity position of the firm? Explain. (2 marks) Marked out of 2.00 P Flag question Answer: Question 5 1E) List two strengths and two weaknesses of the borrower in relation to credit. (4 marks) Not yet answered Marked out of 4.00 Answer: Flag question Question 6 1F) Would you grant the credit? Justify stating three reasons to support your decision. (4 marks) Not yet answered Marked out of 4.90 Answer: con ENG 28C a Type here to sech