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17-12 and 17-13. Please show work. Thank you! This problem comes from the book: financial management 7th edition by Timothy J. Gallagher 11-12. Comparative data

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17-12 and 17-13. Please show work. Thank you!
This problem comes from the book: financial management 7th edition by Timothy J. Gallagher
11-12. Comparative data at the end of this past year for three firms following aggressive, moderate, and conservative approaches to working capital policy follow (in thousands of dollars): Aggressive Moderate Conservative Temporary Current Assets 75 75 75 Permanent Current Assets 100 100 100 Fixed Assets 500 500 500 675 Total Assets 675 675 75 Current Liabilities 160 Long-Term Debt 150 150 90 450 425 475 Stockholders' Equity 70 70 70 Net Income Calculate, compare, and comment on the cument ratios, total debt to asset ratios, and retums on equity of the three firms. A17-13. Greenplanet Recycling is considering buying an additional facility at a cost of $500,000. The facility will have an economic life of five years. The company's financial officer, Karen Holmes, can finance the project by: a. A five-year loan at an annual interest rate of 13 percent b. A one-year loan rolled over each year for five years compare the total interest expenses for both the preceding alternatives under the one following assumptions, and calculate the savings in the interest expenses by choosing of two alternatives: the next 1. The one-year loan has a constant interest rate of percent per year over a five years. first two years, 2. The one-year loan has an annual interest rate of 11 percent in the 14 percent in the third and fourth years, and 16 percent in the fifth year

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