Kirkland Co. has sales amounting to 200 million dollars per year and the gross profit margin of 40%. Finished goods inventory days fluctuate throught the year the highest being 120 days ad the lowest being 90 days. All purchases and sales are done on a cash basis. Also there are no inventory of raw materials or work in progress. Kirkland CO. intends to finance permanent current assets with equity and fluctuating current asstes with its debt. Assuming there are 360 days in a year, the company will be able to raise tem million from the debt instrument. True or Fales?