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b . As an alternative, Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with

b. As an alternative, Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets
with long-term financing and the balance with short-term financing. The same interest rates apply as in part a. Earnings before
interest and taxes will be $210,000. What will be Lear's earnings after taxes? The tax rate is 40 percent.
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