Question: Problem 4 (8 points) Your firm recently reported at EBIT of $12,250,000. The firm has $8,000,000 in debt at a 10% interest rate, and the

Problem 4 (8 points) Your firm recently reported at EBIT of $12,250,000. The firm has $8,000,000 in debt at a 10% interest rate, and the firm is in the 28% tax bracket. The firm typically pays out 35% of its net income in the form of dividends, and the firm has 4,000,000 shares of stock outstanding. A. What is the firm's net income? B. How much will the firm pay out in dividends per share? C. How much will the firm add to retained earnings

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