Check my work 2 Problem 6-13 Impact of term structure of interest rates on financing plans [LO6-4) Colter Steel has $4700.000 in assets 10 points eBook Temporary current assets Permanent current assets Fbxed assets Total assets S 1400,000 1.520,000 1.780.000 $ 4.700,000 Seferences Assume the term structure of interest rates becomes inverted, with short-term rates going to 11 percent and long-term rates 5 percentage points lower than short-term rates. Earings before interest and taxes are $1,000,000 The tax rate is 20 percent If long-term financing is perfectly matched hedynchronized) with long-term asset needs, and the same s true of short-term financing. what will earnings after takes be? Eamings after taxes