Question: 1. Calculate the EPS, ROE and DFL based on the following data for the Rankin Co. Bonds (13%) $22 million Common Stock ($3 par) $15

1. Calculate the EPS, ROE and DFL based on the following data for the Rankin Co.

Bonds (13%) $22 million

Common Stock ($3 par) $15 million

Retained Earnings $3 million

Current EBIT $16 million

Tax rate 25 %

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