motsweding $($pty$)$ltd is a medium size company that plans to acquire a large tract of land for its business expansion project. it has since applied for a significant loan amount from first finance bank to purchase the land. the company hold current assets of R$1900000($R$430000$ in cash$)$ and current liabilities of R$1075000.$ first finance declined the loan application for several reasons including that the current ratio was below the industry bench mark or $2$:$1.$ When Motsweding $($pty$)$ltd was informed on the loan decline, the financial controller immediately paid R$420000$ that was owed to several trade creditors. the company subsequently requested First Finance Bank to reconsider its loan application. $1.$ Based on the above$-$mentioned information, would you recommend that First Finance approve the loan application? Substantiate your recommendation. $(10$ marks$).2.$ Do you consider the Financial Controller's actions ethical? $5$ marks