A Collins Systems Inc. Is trying to develop an asset-financing plan. The firm has $300,000 In temporary current assets and $200,000 in permanent current assets. Collins also has $400.000 In capital assets. Assume a tax rate of 40 percent 16.66 a. Construct two alternative financing plans for Collins. One of the plans should be conservative, with 80 percent of assets financed by points long-term sources. and the other should be aggressive. with only 30 percent of assets financed by long-term sources. The current Interest rate Is 15 percent on long-term funds and 10 percent on short-term financing. Total interest charge -Book Conservative Aggressive Print b. Given that Collin's earnings before Interest and taxes are $180,000, calculate earnings after taxes for each of your alternatives. Earnings after References taxes Conservative Aggressive c. What would happen if the short- and long-term rates were reversed? Earnings after taxes Conservative $ Aggressive