Task 2: You are a loan manager and have received an application for a loan from J. Truman Ltd. From the financial statements provided by J. Truman, the following data have been calculated. Year 1 Year 2 Year 3 Year 4 Current Ratio 3:1 3:1 2:1 1.5:1 Quick Ratio 0.9:1 1:1 0.8:1 1:1 40% 45% 50% 45% Debt Ratio Equity Ratio 60% 55% 50% 55% Explain the trend from year 1 to year 4 for each ratio (4 marks). Ratio Explanation Current Ratio Quick Ratio Debt Ratio Equity Ratio Considering the data provided, would you grant the loan? Give at least two reasons for your