Consider a corporation, call it ABC Ltd. During 2020, the earnings before interest and tax, EBIT, of this corporation was $ 80 million. At the beginning of 2020, the market value balance sheet of ABC Ltd. was as follows: (Figures are in millions of dollars). Assets Total Assets ($M) 500 Liabilities and Equity ($M) Current Liabilities, CLs 66.67 Long-term Debt, LTD 200 Equity (Number of shares outstanding = 120 million), E 233.33 CLs +LTD + E = 500 Total Assets 500 Assume no interest expense of current liabilities while on its long-term debt, the corporation paid rate of interest of 10% in 2020. The rate of return on the equity of ABC Ltd. was 18% in 2020, the tax rate of the corporation in 2020 was 30% and retention ratio was 40%. For 2020, calculate the following for ABC Ltd: Earnings per share. (ii) The sustainable growth rate. (iii) The economic value added. (i) (2 marks) (2 marks) (4 marks)