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corporate finance please provide correct answers for both Use the following information to answer the next 2 questions: Zero Industries has made the forecast of

corporate finance
please provide correct answers for both image text in transcribed
Use the following information to answer the next 2 questions: Zero Industries has made the forecast of sales and the probabilities of sales occurring and are shown in the table below. Sales Probabilities 30 $300,000 $500,000 40 $600,000 .30 The firm has fixed operating costs of $125,000 and variable operating costs are 60 percent of sales. The firm is in the 21 percent marginal tax rate. The firm has total assets that equals $600,000 and anticipates changing to a 30 percent debt ratio. The interest rate on debt is expected to be 9 percent The company currently has 15,000 shares of common stock outstanding. 5. Compute the EBIT for the sales level of $300,000 only a. $120,000 b. $175,000 C. $5,000 1,500 6. Compute the EPS for the sales level of $300,000 only a. -$.85 b. -$.92 c. $1.12 d. -$3.35

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