Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by two and one- half days. Furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. The bank has a remote disbursement center in Florida a. If Neon Light Company has $2.40 million per day in collections and $1,08 million per day in disbursements, how many dollars will the cash management system free up? (Enter your answer in dollars not in millions (0.9., $1,234,567).) ok Freed-up funds M b. If Neon Light Company can earn 6 percent per annum on freed-up funds, how much will the income be? (Enter your answer in dollars not in millions (eg. $1.234,567).) rest on treed up cash c. If the total cost of the new system is $415.000, should it be implemented? O NO Yes 4 Colter Steel has $5,250,000 in assets. 2 points Temporary current assets Permanent current assets Fixed assets Total assets $2,500,000 1,575,000 1,175,000 $5,250,000 eBook Short-term rates are 9 percent. Long-term rates are 14 percent. Earnings before interest and taxes are $1,110,000. The tax rate is 40 percent. Hint If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing. what will earnings after taxes be? Print Earnings after taxes $ 385,000