10.00 points Problem 6-15 Currently, Atlas Tours has $6.28 million in assets. This is a peak six-month period. During the other six months temporary current assets drop to $510,000. Temporary current assets Permanent current assets Capital assets $1,310,000 2,020,000 2,950,000 Total assets $6,280,000 Short-term rates are 5 percent Long-term rates are 7 percent. Annual earnings before interest and taxes are $1,190,000. The tax rate is 38 percent a. If the assets are perfectly hedged throughout the year, what will earnings be after taxes? Earnings after taxes b. If short-term interest rates increase to 7 percent when assets are at their lowest level, what will be after taxes? Earmnings after taxesS References eBook & Resources Worksheet Problem 6-15 Learning Objective: 06-05 Expl esc 20 FI F3