$31\%$ dividend payout ratio Your firm's tax rate is $28\%$

a$.$ What is your firm's current earnings per share and dividend per share? new debt$-$to$-$equity ratio, EPS, and dividend per share?

c$.$ If the expansion is instead financed with an issue of new stock, what will be your firm's new EPS and dividend per share?

EBIT

Less Interest expense

Net profits before taxes

Less: Taxes $(28\%)$

Net income

Earnings per share $($EPS$)$ of common stock

Common stock dividends

Common stock dividend per share $($DPS$)$

Common stock shares outstanding

Stock price