Homework: Chapter 16 Homework Question 1, P16-5 (simila... Part 1 of 3 HW Score: 33.33%, 3 of 9 point Score: 0 of 1 Break-even EBIT (with and without taxes). Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $1.84 million of debt financing at 14% interest. The all-equity firm will have a value of $4.6 million and 460,000 shares outstanding. The levered firm will have 276,000 shares outstanding a. Find the break-even EBIT for Alpha Company using EPS if there are no corporate taxes. b. Find the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 30%. c. What do you notice about these two break-even EBITS for Alpha Company