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Calculate EPS of Solid Ltd. and Sound Ltd. assuming (a) 2x1 Before Tax return on Assets, (b) 10% Before Tax return Assets on the basis

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Calculate EPS of Solid Ltd. and Sound Ltd. assuming (a) 2x1 Before Tax return on Assets, (b) 10% Before Tax return Assets on the basis of the following data. Comment on the Financial Leverage of the firm assuming tax rate of 50%

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