2.2. Table 4 reports earnings per share of $0.40 for the first quarter of 2001. How was this number obtained? What would EPS have been had the company issued 2 million additional shares that quarter? What if the tax rate had been 50%? 2.3. Compute the company's 2000 EBITDA using the formula learned in class. What was EBITDA/share for that year? Does it correspond to the number reported in the table on page 1? 2.4. What was the company's enterprise value in 2000, using the book value of equity? What was it using the market value of equity? (hint: to compute the 2000 market capitalization, you may use a share price of $73.) Which of the two was used to compute the 2000 EV/EBITDA ratio reported in the table on page 1? 2.5. What was the price-to-book value of equity ratio for the company in 2000? Do you think that this ratio would be a helpful multiple to value L3-Communications