value: 10.00 points Problem 6-14 Sherlock Homes, a manufacturer of low cost mobile housing. has $4,750,000 in assets. $1,050,000 1,600,000 2,100,000 Temporary current assets Permanent current assets Capital assets Total assets $4,750,000 Last year, short-term interest rates were 10 percent and long-term interest rates were 13 percent. Assume the term structure of interest rates has become inverted. This year short-term interest rates have risen to 14 percent and long-term interest rates are 4 percentage points lower than short-term rates. Earnings before interest and taxes are $1,010,000 and the tax rate is 40 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 be after taxes? Earning afer taxes References Worksheet Problem 6-14 Learning Objective: 06- mple format for ...docx cOMM2215-Prog... .oc