BUS $100-$ Accounting Decision making In class assignment

You are a commercial loans officer at a major bank. It is October $1,2023.$ Ace Cricket Supply, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement account balances. The company's year$-$end is September $31.$

Prepare a report for your manager with the following:

a$.$ Complete an income statement in proper format.

b$.$ Is this a low or high risk loan?

c$.$ Provide financial analysis on the balance sheet $($ratios$)$

d$.$ Discuss any non$-$financial factors you may think are important.

e$.$ Recommend whether to provide the loan and WHY.

$\backslash$table$[[$INCOME STATEMENT ACCOUNTS,$],[,],[$Salaries expense,$$252,616$