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Cain Auto Supplies and Able Auto Parts are competitors in The aftermarket for auto supplies. The separate capital structures for Cain and Able are presented

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Cain Auto Supplies and Able Auto Parts are competitors in The aftermarket for auto supplies. The separate capital structures for Cain and Able are presented below. Compute earnings per share if earnings before interest and taxes are $24,000 $28, 800, and $57,000 (assume a 10 percent tax rate) What is the relationship between earnings per share and the level of EBIT

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