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Table 15.3 Ace lusiness lormas Fixed Total Assets S375,000 380000 385000 400000 385000 375,000 365,000 370000 365,000 360000 Current Month January Febraary March April May

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Table 15.3 Ace lusiness lormas Fixed Total Assets S375,000 380000 385000 400000 385000 375,000 365,000 370000 365,000 360000 Current Month January Febraary March April May June July August September October November December Assets Assets $251000 250000 250000 250000 250,000 250,000 250,000 $125,000 130,000 135,000 150000 135,000 125000 115000 120000 115000 250,000 250000 250,000 250,000 250000 110000 115000 115000 365000 365000 2. ) Ace's Business Forms has compiled several factors relative to its financing mix. The firm pays 8 percent on short-term funds and 10 percent on long-term funds. The firm's monthly current, fixed, and total asset requirements for the previous year are summarized in Table 15.3. Determine: (a) the moathly permanent funds requirement (b) the monthly average seasonal funds requirement (c) the annual financing costs (aggressive strategy) (d) the annual financing costs (conservative strategy) e)the menthly average ercesrfonds avarl able pnder the conservave strategy (f)+he reoletion innet finandng costs vnder (d) if the funds in (e) can be invested in marketdle securities act S

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