Erin's BUZZY Bees, has the following asset structure Temporary current assets $500,000 Permanent current assets $700,000 Capital Assets $900,000 Erin has $300,000 in shareholder's equity. The long-term interest rate is 5% and the short-term rate is 2%. Erin is trying to decide on a financing plan. For all of your answers, please round to the dollar and do not write the comma between thousands and hundreds Under Plan A permanent current assets and capital assets will be financed by long-term sources. The balance of debt will be financed by short-term sources and equity. Calculate the annual interest expense on long-term debt and the annual interest expense on short-term debt Erin wants to try and lower her financing costs. Under Plan B, all capital assets, and only half of its permanent current assets will be funded with long term sources. The balance of debt will be financed by short-term sources and equity. Calculate the annual interest expense on long-term debt and the annual interest expense on short-term debt. In the meeting with the bank, the following characteristics were used Lower interest rate, Rate and refinance risk and More aggressive... what were they describing: . Erin's BUZZY Bees. has the following asset structure: Temporary current assets $500,000 Permanent current assets $700,000 Capital Assets $900,000 Erin has $300,000 in shareholder's equity. The long-term interest rate is 5% and the short-term rate is 2%. Erin is trying to decide on a financing plan. For all of your answers, please round to the dollar and do not write the comma between thousands and hundreds Under Plan A permanent current assets and capital assets will be financed by long-term sources. The balance of debt will be financed by short-term sources and equity. Calculate the annual interest expense on long-term debt and the annual interest expense on short-term debt Erin wants to try and lower her financing costs. Under Plan B, all capital assets, and only half of its sets will be funded with long term sources. The balance of debt will be financed by Bond Financing d equity. Calculate the annual interest expense on long-term debt Equity $t expense on short-term debt. ST Loans le bank, the following characteristics were used Lower interest rate, Rate and re aggressive. what were they describing: LT Loans