Lear Inc. has $1,030,000 in current assets. $465.000 of which are considered permanent current assets. In addition, the firm has $830.000 invested in fondas a. Lear wishes to finance all fred assets and ha s permanent current assets with long term financing costing9 percent. The balance will be financed with short-term finanong, which currency costs 6 percent Lear's earnings before interest and we are $430,000 Determine Lear's earnings a r e under this financing plan. The taxas 40 percent b. As an alternative Lear might wish to finance all fod assets and permanent current assets plus hat of t emporary current assets with long term financing and the balance with short-term financing. The same interest rates apply as in perta. Emmings before interest and will be $ 40,000 What will be Leerscamos anters? The tax rates 40 percent Earings abertas