Question: the capital structure for Cain supplies is presented below Compute the stock price for Cain if it sells 19 times the earnings per share and

the capital structure for Cain supplies is presented below Compute the stock price for Cain if it sells 19 times the earnings per share and EBIT is $50,000. The tax rate is 20 percent. Debt @ 9%..........$100,000 Common stock, 10 par..200,000 Total.....................$300,000 Commom shares........20,000

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