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Calculate the EPS, ROE and DFL based on the following data for the Rankin Co. Bonds (13%) $12 million Common Stock ($3 par) $15 million

Calculate the EPS, ROE and DFL based on the following data for the Rankin Co.

Bonds (13%) $12 million

Common Stock ($3 par) $15 million

Retained Earnings $3 million

Current EBIT $ 6 million

Tax rate 30 %

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