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need answe ASAP Help Suve & E Sherlock Homes, a manufacturer of low-cost mobile housing, has $4.900.000 in assets Temporary current assets Permanent current assets
need answe ASAP
Help Suve & E Sherlock Homes, a manufacturer of low-cost mobile housing, has $4.900.000 in assets Temporary current assets Permanent current assets Capital assets $1,000,000 1,660,000 2.168.ee Total assets $4,900,000 Short-term rates are 12 percent. Long-term rates are percent. (Note that long-term rates mely a return to any equity. Earnings before interest and taxes are $1,040,000. The tax rate is 40 percent. Assume the term structure of interest rates becomes inverted with short term rates going to 12 percent and long term rates 4 percentage points lower than short-term rates if long-term financing is perfectly matched (hedged with long-term asset needs, and the same is true of short-term financing, what we earnings be after taxes? Earning after taxes 5Step by Step Solution
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