Assume that you are a banker and that each company has applied to you for a 90-day loan of $12,000. Which would you consider to be the more favorable prospect? Explain your answer fully. Williams, Jan. Financial Accounting (p. 85). McGraw-Hill Higher Education. Kindle Edition.

Moon Corporation (I will provide the complete financial information of the two companies in the attachments below.)

Explanation:

A good way to determine a company's credit eligibility is to find its current ratio.

The current ratio is equal to the sum of current assets divided by the sum of current liabilities, and measures a firm's ability to pay its obligations.

According to the information in the attachments, Moon Corporation's Current Assets are $44,000 ($18,000 worth of cash + $26,000 of accounts receivable), and its current liabilities are $22,000 (the sum of notes payable $12,400, and accounts payable $9,600)

The current ratio of Moon Corporation is = $44,000 / $22,000

                                                                                     = 2

Star Corporation's current assets are $14,400, and current liabilities are $65,600.

The current ratio of Star Corporation is = $14,400 / $65,600

                                                                 = 0.21

A much lower number. Thus, Moon Corporation, according to current ratios, is a far more favorable prospect for a loan.

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol

answer(d) all of the choices are correct;