Dodonid Lamo ab 6 Chapter 6 Saved Help Save 1 Currently, Atlas Tours has $5 48 million in assets. This is a peak six-month period. During the other six months, temporary cur assets drop to $410,000 Temporary current assets Permanent current assets Capital assets $1,210,000 1.820,000 2,450,000 Total assets $5,480,000 Hook Prim oncen Short-term rates are 3 percent. Long-term rates are 6 percent Annual earnings before interest and taxes are 51,090,000. Th is 38 percent a. If the assets are perfectly hedged throughout the year, what will earnings after taxes be? (Enter answers in whole dollar, million.) Earnings after taxes b. If short-term interest rates increase to 6 percent when assets are at their lowest level, what will earnings after taxes be?E example of perfectly hedged plans see Floure 6-8 $ Earnings after taxes