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QUESTION
How could financial ratios assist a loan officer in his or her decision? ;Can you provide an example of a ratio that a loan officer may use?
How could financial ratios assist a loan officer in his or her decision? ;Can you provide an example of a ratio that a loan officer may use?
Financial ratios can be used in evaluating the financial position and condition of the businessbefore their request for loan is verified. It helps in understanding how the business is performing...