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Connect X Colter Steel has $4,650,000 in ass x + X ( ) https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fweba.. APerformance EMail Lu Liberty Home Bb Blackboard College EMail in Linkedin i Indeed Thrift Savings Plan G Google Other favorites Homework 3 i Saved Help Save & Exit Submit Check my work 6 Lear Inc. has $1,020,000 in current assets, $460,000 of which are considered permanent current assets. In addition, the firm has $820,000 invested in fixed assets. 2 points a. Lear wishes to finance all fixed assets and half of its permanent current assets with long-term financing costing 8 percent. The balance will be financed with short-term financing, which currently costs 5 percent. Lear's earnings before interest and taxes are eBook $420,000. Determine Lear's earnings after taxes under this financing plan. The tax rate is 30 percent. Hint Earnings after taxes Print b. As an alternative, Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with long-term financing and the balance with short-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $420,000. What will be Lear's earnings after taxes? The tax rate is 30 percent. Earnings after taxes Mc Graw Hill 6 of 20 ducation Type here to search S 12:11 13/09/2020