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You are the decision-maker at a bank. A business owner of Rowdy's Runners (RR) requests a one-year, $200,000 loan to expand his business. RR's current

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You are the decision-maker at a bank. A business owner of Rowdy's Runners (RR) requests a one-year, $200,000 loan to expand his business. RR's current ratio is 4:1 with current assets of $160,000. RR's key competitors have a current ratio of 2:1. Using this information, do you approve the loan? Why or why not

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