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4. ABC is attemempting to establish a current assets policy.

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4. ABC is attemempting to establish a current assets policy. Fixed assets are $600,000. and the firm plans to maintain a 50% debt ratio. ABC has no operating current liabilities. The intertest rate on debt is 10%. Three alternatives current asset policies are under consideration: 40%, 50%, and 60% on sales. Te company expects to earn 15% before interest and taxes on sales $3 million. The tax rate is 40%. What is the ROI under each value?

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Customer: replied 6 years ago.
I'm going to send you one last one in a few min, ok?

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