Question: Complete the Schedule Below Calculating Earnings Per Share a) No Debt : $400,000 Common Equity, 4,000 Shares 30% Tax Rate Net Income to Common Earnings

Complete the Schedule Below Calculating
Earnings Per Share
a) No Debt : $400,000 Common Equity, 4,000 Shares 30% Tax Rate
Net Income
to Common Earnings
EBIT Interest EBT Taxes Shareholders Per Share
$40,000
$80,000
$120,000
$160,000
b) $100,00 debt; 7% interest; $300,000 Common Equity; 3,000 shares; 30% Tax Rate
Net Income
to Common Earnings
EBIT Interest EBT Taxes Shareholders Per Share
$40,000
$80,000
$120,000
$160,000
c) $200,000 debt. 7% interest; $200,00 Common Equity, 2,000 shares, 30% Tax Rate
Net Income
to Common Earnings
EBIT Interest EBT Taxes Shareholders Per Share
$40,000
$80,000
$120,000
$160,000

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