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Daylight Robotics Corporation, a manufacturer of specialized robotics and automated tools, currently has ( $ 6,500,000 ) in Total Assets. Of that amount, Capital Assets

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Daylight Robotics Corporation, a manufacturer of specialized robotics and automated tools, currently has \\( \\$ 6,500,000 \\) in Total Assets. Of that amount, Capital Assets are worth \\( \\$ 3,300,000 \\) and current assets are worth \\( \\$ 3,200,000 \\). Current assets remain at that level for 9 months. They drop to \\( \\$ 1,700,000 \\) for 3 months. The following additional information has been provided. \\( > \\) Earnings Before Interest and Taxes (EBIT) are \\( \\$ 950,000 \\). \\( > \\) The tax rate is 30 percent. \60 of any long-term financing needed is sourced through long-term debt while the remaining \40 is sourced in the form of shareholders' equity. Interest rates on short-term debt are 6 percent. Interest rates on long-term debt are 8 percent. (Note, this is the interest rate on the long-term debt part of long-term financing. Assume no interest rate costs on the equity part of long-term financing.) a. Provide the following break-down of the asset mix:T (a) temporary assets, (b) permanent assets and \\( \\oplus \\) capital assets b. Assuming the firm is perfectly hedged, provide the following break-down of the financing mix: c. Calculate interest expense for short-term debt and for long-term debt d. Calculate expected EPS if the firm is perfectly hedged and the share price is \\( \\$ 5 \\) per shares

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