(Calculating debt ratio) Fast Solutions, Inc. has the following financial structure:Accounts payable$ 500,000Short-term debt250,000Current liabilities$ 750,000Long-term debt750,000Shareholders’ equity500,000Total$2,000,000· Compute Fast’s debt ratio and interest-bearing debt ratio.· If the market value of Fast’s equity is $2,000,000 and the value of the firm’s debt is equal to its book value, assuming excess cash is zero, what is the debt-to-enterprise-value ratio for Fast?· If you were a bank loan officer who was analyzing whether or not to loan more money to Fast, which of the ratios calculated in parts a and b is most relevant to your analysis? Why?

(Calculating debt ratio) Fast Solutions, Inc. has the following financial structure:Accounts payable$ 500,000Short-term debt250,000Current liabilities$ 750,000Long-term debt750,000Shareholders’ equity500,000Total$2,000,000· Compute Fast’s debt ratio and interest-bearing debt ratio.· If the market value of Fast’s equity is $2,000,000 and the value of the firm’s debt is equal to its book value, assuming excess cash is zero, what is the debt-to-enterprise-value ratio for Fast?· If you were a bank loan officer who was analyzing whether or not to loan more money to Fast, which of the ratios calculated in parts a and b is most relevant to your analysis? Why?

(Calculating debt ratio) Fast Solutions, Inc. has the following financial structure:Accounts payable$ 500,000Short-term debt250,000Current liabilities$ 750,000Long-term debt750,000Shareholders’ equity500,000Total$2,000,000· Compute Fast’s debt ratio and interest-bearing debt ratio.· If the market value of Fast’s equity is $2,000,000 and the value of the firm’s debt is equal to its book value, assuming excess cash is zero, what is the debt-to-enterprise-value ratio for Fast?· If you were a bank loan officer who was analyzing whether or not to loan more money to Fast, which of the ratios calculated in parts a and b is most relevant to your analysis? Why?