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3. Explain whether Topeka National Bank should grant the extension on Bradburns...

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Accounting

3. Explain whether Topeka National Bank should grant the extension on Bradburns notes considering Daniel Browns statement about financing the plant expansion through internally generated funds. Consider the following question to guide your response:
A. Should Topeka National Bank grant the loan? Why or why not?
B. Will Bradburns projected operations for 2027 generate an adequate amount of cash to finance the plant expansion and repay the loan?
C. Does Bradburn need the 24-month extension? Why or why not?
D. What do the financial ratios indicate about Bradburns financial structure?
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