Saved apter 17-Problems 1 bints b. If earnings before interest and tax (EBIT) are $126,000, what will be earnings per share (EPS) if Reliable borrows your answer to 2 decimal places.) eBook EPS Print References c. What will EPS be if it borrows $416,000? (Round your answer to 2 decimal places.) EPS er 17-Problems Saved Help Sa Reliable Gearing currently is all-equity financed It has 10.000 shares of equity outstanding, selling at $104 a share. The firm is considering a capital restructuring. The low-debt plan calls for a debt issue of $208,000 with the proceeds used to buy back stock The high-debt plan would exchange $416,000 of debt for equity. The debt will pay an interest rate of 8%. The firm pays no taxes. a. What will be the debt-to-equity ratio if it borrows $208,000? (Round your answer to 2 decimal places.) Debt to equily ratio ences b. If earnings before interest and tax (EBIT) are $126,000, what will be earnings per share (EPS) if Reliable borrows $208,000? (Round your answer to 2 decimal places.) EPS