Complete tables below and answer question

1. B Corporation currently has no debt in its capital structure. The firm is considering restructuring that would involve issuing debt and using the proceeds to buy back some of the outstanding equity. The firm's equity is currently at 10 milion shares with market value of Php100. The proposed debt issue would raise 600 million, the interest would be 5% percent. We assume that the stock will remain at Php100 after the restructuring a. Complete the tables below. Current Proposed Assets Debt Equity Debt-equity ratio Share Price Shares Outstanding Interest rate Recession Php50 million Current Capital Structure Expected Php 100 million Expansion Php 300 million EBIT Interest Net Income ROE EPS Expansion Php 300 million Proposed Capital Structure: Recession Expected EBIT Php50 million Php100 million Interest Net Income ROE EPS b. In what condition would you recommend the firm to avail of debt? Why? 5 points