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Colter Steel has $5,450,000 in assets. Temporary current assets Permanent eurrent assets Fixed assets Total assets $2,900,000 1,595,000 955,000 $5,450,000 Short-term rates are 7 percent.

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Colter Steel has $5,450,000 in assets. Temporary current assets Permanent eurrent assets Fixed assets Total assets $2,900,000 1,595,000 955,000 $5,450,000 Short-term rates are 7 percent. Long-term rates are 12 percent. Earnings before interest and taxes are $1,150,000. The tax rate is 20 percent Iflong term financing is perfectly matched (synchronized) with long term esset needs, and the same is true of short-term fnancing what will earnings after taxes be? Earnings after taxes

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