Please help walk me through how to do this problem, thank you in advance!

1. Assum e you are a loan officer for a bank and Frank Farmer requests a loan based on her alance sheet shown below. I would suggest working on another piece of paper and then transferring all of your work to this homework sheet. (15 points) SHOW ALL WORK for partial credit A. Conduct a ratio analysis (below) B. Assess each of the ratios financial condition (Poor/Fair/Good). C. What is the weakest part of this balance sheet? D. Will you grant or deny an additional loan? Give clear reasons as to how and why you made this decision Assets Liabilities Current assets Intermediate assets Fixed assets $240,000 $200,000 $800,000 Current liabilities Intermediate liabilities Long-term liabilities $240,000 $40,000 $160,000 $440,000 Total liabilities Net worth Total liabilities +net worth S1240,000 $800,000 Total assets S1,240,000 Calculate the ratios and specify their respective financial condition (Poor/Fair/Good) i. Current ratio: ii. Working capital: iii. Debt structure Page 1 of 3