Please asnwer in detail with each step

7%. McKinsee's tax rate is 30%. (20 marks) Required: Upload a chart showing the following entries: - Percentage of assets financed by short-term borrowing - Percentage of assets financed by long-term borrowing - EBIT - Interest expense (short- and long-term) - EBT - Taxes - Net Income Upload a chart showing the same entries as listed in a) c. If interest rates were expected to increase, which plan would you recommend? Why? (4 marks) Add your explanation below the second chart