Consider two firms, The Debt Corporation and the No Debt Corporation. Both companies are expected to have earnings before interest and taxes of $ 200,000 over the next year. Additionally, Debt is expected to incur $ 80,000 in interest expense as a result of its borrowings, while No Debt will not incur interest expense because it does not use debt financing. Both firms are in the 21 percent tax bracket. The fiscal responsibility of these companies and