Wednesday, November 19, 2014 11:10:50 AM
The company believe the factor rate is closer to 35% for them, but are recording 20% as the gains aren't yet realized.
This will cause a transfer of ~20-30% of the interest expenses from the liabilities to the assets. This move from negative to positive will have a double impact!
So that is reducing $2M-$3M from libilities and adding $2M-$3M to CASH assets = $4M-$6M net change on earnings - added to the bottom line.
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