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Black Berry Farms and Pea Pod Farms are each able to generate EBIT of $ 2 3 2 , 0 0 0 . The separate

Black Berry Farms and Pea Pod Farms are each able to generate EBIT of $232,000. The separate capital structures for Black Berry and Pea Pod are presented below.
a. Compute EPS for both firms (assume a 40 percent tax rate).(Round the final answers to 2 decimal places.)
\table[[Black Berry,Pea Pod]]
b. Assuming a P/E ratio of 39 for each firm, what would be each firm's share price? (Round your intermediate calculations and final answers to 2 decimal places.)
\table[[Share price,Black Berrv,Pea Pod]]
c. Assume the P/E ratio would be 36 for the riskier company in terms of heavy debt utilization in the capital structure and 47 for the less risky firm. What would the share price now be for each firm? (Round your intermediate calculations and final answers to 2 decimal places.)
\table[[,Black Berry,Pea Pod],[Share price,$,$
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