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Colter Steel has $4,800,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $1,600,000 1,530,000 1,670,000 $4,800,000 Short-term rates are 12 percent.

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Colter Steel has $4,800,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $1,600,000 1,530,000 1,670,000 $4,800,000 Short-term rates are 12 percent. Long-term rates are 17 percent. Earnings before interest and taxes are $1,020,000. The tax rate is 40 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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