Explore IDNLearn.com's extensive Q&A database and find the answers you need. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

b. Kwame Kwakye, the manager and owner of Agyenkwa Entreprise, a retailer of hardware
at Atwima Koforidua, has applied for GHS 20,000 worth of building materials on credit
from your company, Somu Yie Ltd in Kumasi. Kwakye has been a regular customer of
your company but after reviewing his financial position, you cannot grant his request for
credit. Write a letter to Kwame Kwakye explaining the position of your company.