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Business, 30.11.2020 18:10 percent74

You are the CFO of a regional manufacturing firm. They need to raise more capital for an expansion project. You have been asked to talk with regional banks to secure a loan. Your firm has a Current Ratio of 1.0, a Quick Ratio of 0.5, and a TIE ratio of 1.3. Required:
What would you tell the firm's management about your chances of securing a loan with preferentially low interest rates?

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