CAMEL Electronics reports the following data for FY2020: EBIT RM1,000,000 Interest paid RM200,000 Number of ordinary shares 400,000 Current assets RM80,000 Net income RM480,000 Total assets RM6,000,000 Total dividend paid RM120,000 Current liabilities RM60,000 Market price of ordinary shares RM20 CAMEL Electronics is applying for a new line of credit from their banking partner. To issue the credit, the bank requires the following cutoffs for certain financial ratios: Times interest earned (TIE) Current ratio Return on assets (ROA) 4.25x 1.50x 5% What is a likely response from the bank to the application? a. The bank will have reservations, as the TIE ratio does not meet requirements. b. The bank will have concerns, as the current ratio does not meet requirements. c. The bank will have concerns, as the ROA is not high enough. d. The bank will have concerns, as two or more of the requirements are not met.