Sherlock Homes, a manufacturer of low cost mobile housing, has $5,050,000 in assets. Temporary current assets Permanent current assets Capital assets $2,100,000 1,555,000 1,395,eee 2-09 Total assets $5,050,000 ed Short-term rates are 11 percent. Long-term rates are 16 percent. (Note that long-term rates imply a return to any equity). Earnings before interest and taxes are $1,070,000. The tax rate is 30 percent. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be? For an example of perfectly hedged plans, see Figure 6-8. Earnings after taxes e Restart to install the latest Windows updates We haven't been able to update y device Leave it on and plugged in so we'll try to restart outside of your hours. Or pick a time taat XS LOTU