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Assume that Atlas Sporting Goods Inc. has $850,000 in assets. Ifit goes with a low-liquidity plan for the assets, it can earn areturn of 16 percent, but with a high-liquidity plan the returnwill be 13 percent. If the firm goes with a short-term financingplan, the financing costs on the $850,000 will be 10 percent, andwith a long-term financing plan, the financing costs on the$850,000 will be 12 percent.a. Compute the anticipated return after financing costs with themost aggressive asset-financing mix.b. Compute the anticipated return after financing costs with themost conservative asset-financing mix.c. Compute the anticipated return after financing costs with thetwo moderate approaches to the asset-financing mix.d. If the firm used the most aggressive asset-financing mixdescribed in part a and had the anticipated return you computed forpart a, what would earnings per share be if the tax rate on theanticipated return was 30 percent and there were 20,000 sharesoutstanding? (Round your answer to 2 decimal places.)e-1. Now assume the most conservative asset-financing mixdescribed in part b will be utilized. The tax rate will be 30percent. Also assume there will only be 5,000 shares outstanding.What will earnings per share be? (Round your answer to 2 decimalplaces.)e-2. Would the conservative mix have higher or lower earningsper share than the aggressive mix? Lower Higher