Question: could you please help me to do that? I will rate The TL Corporation currently has no debt outstanding. Josh Culberson, the CFO, is considering

The TL Corporation currently has no debt outstanding. Josh Culberson, the CFO, is considering restructuring the company by issuing debt and using the proceeds to reparchase outstanding equity. The company's assets are worth $40 million, the stock price is $25 per share, and there are 1,600,000 shares outstanding. In the expected state of the economy EBIT is expected to be S3 million. If there is a recession, EBIT would fall to $1.8 million and in an expansion EBIT would increase to $4.3 million. If the company issues debt, it will issue a combination of short-term debt and long-term debt. The ratio of short-term debt to long-term debt will be 0.20. The short-term debt will have an interest rate of 3 percent and the long-term debt will have an interest rate of 8 percent. On the next worksheet, fill in the values in each table. For the debt-equity ratio, create a spinner that changes the debt-equity ratio. The resulting debt-equity ratio should range from O to 10 at increments of 0.1. Graph the EBIT and EPS for the TL Corporation on the same graph using a scatter plot What is the breakeven EBIT between the current capital structure and the new capital stracture? To illustrate the new capital structure, you would like to create a pie chart. Another pie chart that is available is the pie of pie chart, Using the pie of pie chart, graph the equity and total debt in the main pie chart and the short-term debt and long-term debe in the secondary pie chart. Note, if you right-click on a data series in the chart and select Format Data Series, Series Options, then Split Series By, you can display the series by a customized choice. In the customization, you can select which data series you want displayed in the primary pie chart and the secondary pie chart. Current 40 000 000 Propesed Short-term debt Long-term debt Short-term debeLong-term debt Debt-equity ratio Share price Shares outstanding Short-term debt interest rate Long-term debt interest rate 1 600 000 Current Copital Structure: Debr -$0 million Recessionw 1 800000 Expected 3 000 000 Expansion 4 300 000 Net incomme Propesed Capiral Structure: Debt-$0 million ExpectedExpansion Net income Breakeven EBIT
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