Question: mework 30 Saved Help Save & Exit Submit Check my work Colter Steel has $5,600,000 in assets. Temporary current assets Permanent current assets Fixed assets

 mework 30 Saved Help Save & Exit Submit Check my work

mework 30 Saved Help Save & Exit Submit Check my work Colter Steel has $5,600,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $ 3,200,000 1,610,000 790,000 $ 5,600,000 Short-term rates are 10 percent. Long-term rates are 15 percent. Earnings before interest and taxes are $1.180,000 The tax rate is 20 percent If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be? Earnings after taxes

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