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Interest: the company has two credit facilities. A term loan that had a balance of $90M at the end of 2018, scheduled amortization of $5M

Interest: the company has two credit facilities.

A term loan that had a balance of $90M at the end of 2018, scheduled amortization of $5M / quarter and an interest rate of 10% / annum

A revolving credit facility that had an average balance in 2019 equivalent to 10% of 2019 sales, with a rate of 10% / annum

Interest calculation begin{tabular}{|l|cc|} hline 2018 Term loan balance & ( $ ) & ( 90.0 )  hline Quarterly amorti

Interest calculation 2018 Term loan balance Quarterly amortization Interest rate 2019 average loan balance 2019 interest Average revolver balance Interest rate 2019 Interest $ $ $ 90.0 5.0 10.00% 1.9 10.00%

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