Question: 16. please answer what is highlighted. I have attached my notes sheet when some of my math WAS NOT correct. Lenow Drug stores and Hall


Lenow Drug stores and Hall Phamaceuticals are competitors in the discount drug chain store business. The soparate capitat structures for Lencw and Hell are presented here. a. Complete the following table given earnings before interest and taxes of $17,000,535,100, and 558,000 . Assume the tax rate is 20 percent (Negative amounts should be indicated by parentheses or a minus sign. Round your answers to 2 decimai places.) b-1. What is the E8IT/TA rate when the firmis have equal EPS?. b-2. What is the cost of debt? b-3. State the relationship between earnings per share and the level of EBIT. c. If the cost of debt went up to 11 percent and all other factors remained equal, what would be the break-even level for EBiT
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