send to expert Dickson Corporation is comparing two different capital structures. Plan I would result in $31,000$ shares of st

debt. Plan II would result in $25,000$ shares of stock and $$279,000$ in debt. The interest rate on the debt is $7$

a$.$ Ignoring taxes, compare both of these plans to an all$-$equity plan assuming that EBIT will be $$120,000.$ Tr

would result in $34,000$ shares of stock outstanding. What is the EPS for each of these plans?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ In part $($a$),$ what are the break$-$even levels of EBIT for each plan as compared to that for an all$-$equity plan

Note: Do not round intermediate calculations.

c$.$ Ignoring taxes, at what level of EBIT will EPS be identical for Plans I and II$?$

Note: Do not round intermediate calculations.

d$-1.$ Assuming that the corporate tax rate is $22$ percent, what is the EPS of the firm?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

d$-2.$ Assuming that the corporate tax rate is $22$ percent, what are the break$-$even levels of EBIT for each pla

that for an all$-$equity plan?

Note: Do not round intermediate calculations.

d$-3.$ Assuming that the corporate tax rate is $22$ percent, when will EPS be identical for Plans I and II$?$

Note: Do not round intermediate calculations.