1. As a lending agency, what criteria using the 3 c's of lending would you use to determine how much to grant, to whom, and under what conditions? Also give an example as to whom to lend to, how much to grant, and under what conditions.
2. As part of your response to 1 above, where applicable under the respective and/or select criteria, please identify the financial ratio(s) that are critical for supporting lending decisions (see Commonly Used Ratios list (Spiro, 1996:60 (Table 4).
Please provide a detailed rationale(s) for why the selected ratio(s) identified are important. We must use the 3c''s of lending as well.