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can someone please help its an emergency! Minion, Inc., has no debt outstanding and a total market value of $220,000. Earnings before interest and taxes,

can someone please help its an emergency!
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Minion, Inc., has no debt outstanding and a total market value of $220,000. Earnings before interest and taxes, EBIT, are projected to be $26,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent higher. If there is a recession, then EBIT will be 20 percent lower. The company is considering a $120,000 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 11,000 shares outstanding. Ignore taxes for this problem. a-1. Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a-2. Calculate the percentage changes in EPS when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|l|}{ a-1. } & Recession EPS & \\ \hline & Normal EPS & & \\ \hline & Expansion EPS & & % \\ \hline a-2. & Recession percentage change in EPS & & % \\ \hline & Expansion percentage change in EPS & & \\ \hline b-1. & Recession EPS & & \\ \hline & Normal EPS & & % \\ \hline & Expansion EPS & & \\ \hline b-2. & Recession percentage change in EPS & & \\ \hline & Expansion percentage change in EPS & & \\ \hline \end{tabular}

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