Question: i have 1 hour to submit this homework please be quick VN company has a project that can give Earnings before Interest and Tax (EBIT)

i have 1 hour to submit this homework please be quick

VN company has a project that can give Earnings before Interest and Tax (EBIT) of RM250,000. The tax rate is 30%. The company intends to choose between 2 plans shown below. Plan 1 is to finance with all equity with 1,000,000 units of shares. Plan 2 is a mixture of debt RM1,000,000 with Interest rate 8%, and equity with 500,000 units of shares. a. Calculate the Earnings per Share (EPS) by completing the Table below for Plan 1 and Plan 2. (14 Marks) b. Calculate the Earnings per Share if the EBIT is 100,000 for each of the plans by completing the Table similar to part a. (14 Marks) c. Explain which plan the company should take (7 Marks)

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