Question: Perm Temp Tickle the Ivories current has $1.200.000 in Total Assets Of that amount Capital Assets are worth $1.200.000 and current as worth $3,000,000 Current

 Perm Temp Tickle the Ivories current has $1.200.000 in Total Assets

Perm Temp Tickle the Ivories current has $1.200.000 in Total Assets Of that amount Capital Assets are worth $1.200.000 and current as worth $3,000,000 Current assets remain at that level for 9 months. They drop to $2.000.000 for 3 months The following ad information has been provided Earnings Before Interest and Taxes (EBIT) are $996.000 The tax rate is 10 percent Any long term financing is split evenly (5050) between long term debt and equity Short term interest rates are 4% Long-term interest rates are 6% a. Provide the following break down of the asset mix for 9 months for 3 months Temporary current assets Permanent current assets Capital assets Total Assets b. Assuming the firm is perfectly hedged provide the following break down of the financing mix

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