Leah Smith
FIN4345
Article Review #6
A company is considering line of credit for the expenses which cannot be made through
bank and once the limit is consumed it will no longer available for borrowing. The company
must consider the financial statements and go for calculating the ratios from it. All the ratios of
debt would be providing the limit of how much loan must be approved for the same. As the
company is increase in revenue with every year the acceptance is there with the average interest
rate prevailing at that time.
Explanation:
