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A company has determined the following factors relative to its asset and financing mix. The firm earns 10% annually on current assets an 20% annually

A company has determined the following factors relative to its asset and financing mix. The firm earns 10% annually on current assets an 20% annually on fixed assets. It pays 13% annually on current liabilities and 17% annually on long-term funds. What are the firm's average seasonal funds requirements, financing costs according to the aggressive and conservative financing strategy? The firm's current,fixed and total assets for the last 6 months of the previous years.are as follows:

MONTH CURRENT ASSETS ($) FIXED ASSETS ($) TOTAL ASSETS ($)
July 45 000 100 000 145 000
August 40 000 100 000 140 000
September 50 000 100 000 150 000
October 55 000 100 000 155 000
November 60 000 100 000 160 000
December 75 000 100 000 175 000

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