Find annual interest costs with long-term financing
Genetech has $2,000,000 in assets, have decided to finance 30% with long-term financing (13% rate) and 70% with short-term financing (9%) rate. What will be their annual interest costs?
i) $78,000ii) $126,000iii) $440,000iv) $204,000
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What will be the affect on income if CCC accepts this order? Based on your answer of income, should CCC accept the order? Show all your work for point consideration.
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Evaluate what a company's assets and equity ratios indicate about company's performance. Also, what are the reasons why a bank may have weak performance.
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