A firm has earnings per share of $1.10. The firm has206,800.00 shares outstanding. The firm will pay $247,950.00 ininterest this year. If the corporate tax rate is 34.00%, what isthe implied EBIT b A firm has earnings per share of \( \$ 1.10 \). The firm has \( 206,800.00 \) shares outstanding. The firm will pay \( \$ 247,950.00 \) in interest this year. If the corporate tax rate is \( 34.00 \% 1 answer