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PART 1 (35%): Kayla was very impressed with the cash budget/projections that you prepared for her and she has now hired you to evaluate her

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PART 1 (35%): Kayla was very impressed with the cash budget/projections that you prepared for her and she has now hired you to evaluate her working capital management strategy and recommend the optimal policy mix. Kayla's Kayaks has $500,000 in assets. If she goes with a low-liquidity plan for the assets, she can earn 17%, but with a high-liquidity plan, the return will be 14%. If she goes with a short-term financing plan, the financing costs on the $500,000 will be 10%, and with a long-term financing plan, the financing costs on the $500,000 will be 12%. Given these facts, Kayla wants to know the anticipated return after financing costs with the most aggressive, most conservative, and moderate asset financing mixes. Please calculate these amounts for Kayla, explain the advantages and disadvantages of each mix, and provide a recommendation as to which mix you believe Kayla should choose (with an explanation as to why you chose that mix). Use excel and explain everything

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