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Lear inc has 840,000 in current assets, 370,000 of which are considered permanent current assets....

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Accounting

Lear inc has 840,000 in current assets, 370,000 of which are considered permanent current assets. In addition, the firm has 640,000 invested in fixed assets.

a)Lear wishes to finance all fixed assets and half of its permanent current assets with long term financing costing 8 percent. Short term financing currently costs 7 percent. Lear

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