Question: I posted the same question before and they got the answer asnwer that i have written and those are incorrect Problem 6-17 Currently, Atlas Tours
Problem 6-17 Currently, Atlas Tours has $5.72 million in assets. This is a peak she-month period. During the other six months, temporary current assets drop to $440,000 Temporary current at Demanent current sets $1,240.000 1,180.000 2,600,000 Totalt 55.720,000 Short-term rates are 3 percent. Long term rates are 6 percent Annual earnings before interest and taxes are $120,000. The tax rate is 38 percent a. If the assets are perfectly hedged throughout the year what will comings after taxes be? (Enter answers in whole dollar, not in million) Earrings after taxes $ 1496496 D. short-term interest rates increase to 6 percent when assets are at the lowest level what will earnings for taxes be? Er anings and the $448112
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