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Christy from Google

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Christy from Google

Re: happyguy72 post# 306224

Wednesday, 04/07/2010 4:26:45 PM

Wednesday, April 07, 2010 4:26:45 PM

Post# of 346920
Wow its truly amazing the calculations. We have an average AR balance each month of $100,000, and which we are paying $48,000 per year to finance. If we had a normal CL interest rate of 7%, it would cost us $7,000 per year, or about $583 per month.

48,000 vs 7,000 per year
or
4,000 vs 583 per month

Metter just made a super business move. Mosky I'm sure, as the CFO, had a helping hand in this move.
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