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a. The number of shares outstanding, the per-share price, and the debt-to-equity ratio for Focus if it adopts the proposed recapitalization. b. The earnings per

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a. The number of shares outstanding, the per-share price, and the debt-to-equity ratio for Focus if it adopts the proposed recapitalization. b. The earnings per share (EPS) and the return on equity (ROE) for Focus under the current and proposed capital structures. c. The EBIT where EPS is the same for both capital structures. d. The EBIT where EPS is zero for both capital structures. a. The number of shares outstanding for Focus if it adopts the proposed recapitalization is shares. (Round to the nearest whole number.) The per-share price for Focus if it adopts the proposed recapitalization is $. (Round to the nearest dollar.) The debt-to-equity ratio for Focus if it adopts the proposed recapitalization is (Round to two decimal places.) b. The earnings per share (EPS) for Focus under the current capital structure is S (Round to the nearest cent.) The earnings per share (EPS) for Focus under the proposed capital structure is $ (Round to the nearest cent.) The return on equity (ROE) for Focus under the current capital structure is %. (Round to two decimal places.) The return on equity (ROE) for Focus under the proposed capital structure is . (Round to two decimal places.) c. The EBIT where EPS is the same for both capital structures is 9 (Round to the nearest dollar.) d. The EBIT where EPS is zero for both capital structures is S (Round to the nearest dollar.)

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