Question: Uptown Construction is comparing two different capital structures. Plan I would result in 2 3 , 0 0 0 shares of stock and $ 3

Uptown Construction is comparing two different capital structures. Plan I would result in 23,000 shares of stock and $320,000 in debt. Plan II would result in 17,000 shares of stock and $260,000 in debt. The interest rate on the debt is 10 percent. Ignoring taxes, EPS will be identical for Plans I and II for which size of EBIT?
Uptown Construction is comparing two different capital structures. Plan I would

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