Springfield Bank is evaluating Creek Enterprises, which has requested a loan, to assess the firms financial leverage and financial risk. On the basis of the debt ratios for Creek, along with the industry averages and Creeks recent financial statements, evaluate and recommend appropriate action on the loan request. Industry averages Creek Enterprises Income Statement: LOADING... Debt ratio Times interest earned ratio Creek Enterprises Balance Sheet: LOADING... Fixed-payment coverage ratio

. Det analysis glowing Cock which has required a $3,010,000 ban, to the firm's calage and financial on the basis of the ratios Creek, with the dusty as an Candaments, and record propriate action on the langu Industry average Cook Epson Statement Dette Testamen 185 Dr Erde Balance Sam 00 Creek Cres de Pound two decimal Dual Odcontento comerciale belowinno scords to the Creek Enterprises Income Stamente Year Ended December 31, 2015 Servere $26.9700 Coat of goods sold 21025,000 Grosso S 12.000 pengene Singapore 9.01.000 General de 1834.000 Lopen 237.000 De 5000 Topeng 07.000 Opening 325.000 Lopen 90.000 Nebefore $ USD La Tawa 3 782400 55.000 Le Presto de B570 the then do Chini 1 of 5 (0 complete) Score: 0 of 3 pts 18 Timos interest corned ratio 7.30 Fed payment van foto Creek Enterprises Balance Sheet Co Enterprises entrato Roud to two decimal poo) Data Table (Click on the con located on the top right corner of the data table below in order to copy its contents into a spreadsheet) Creek Enterprises Balance Sheet December 31, 2015 Assets Liabilities and Stockholders' Equity Current assets Current labies Cash $1,038,000 Accounts payable 58 031.000 Marketable securities 3,005,000 Notes payable 8,023,000 Accounts receivable 11,970.000 Accruals 483 000 Inventories 7,528,000 Total current liabilities $16 537.000 Total current assets $23.547,000 Long-term debt (includes financial ases) $18,728.000 Gross fixed assets cat cost) Stockholders equity Land and buildings $11,023,000 Preferred stock (24.500 shares, $3.50 dividond) $2,517,000 Machinery and equipment 20,478,000 Common stock (1.14 milion Furniture and fixtures 8.000.000 shares at $550 par) 3.270,000 Grossed assets $39,509,000 Paid-in capital in excess of par value 4,007,000 Les Accumulated depreciation 13,018,000 Retained earnings 1979.000 Net fixed assets $26.491.000 Total stockholders equity $14.773.000 Total liabilities and Total assets $50,038,000 stockholders' equity 550,038,000 "The firm has a 4-year financial as requiring annual beginning-of-year payments of $237.000. Three years of the lease have yet to run **Required annual principal payments are 5825,000 Enter your answer in the answer box and then click parts remaining