Degree of financial leverage Northwestern Savings and Loan has a current capital structure consisting of $240,000 of 15% (annual interest) debt and 2,000 shares of common stock. The firm pays taxes at the rate of 40% a. Using EBIT values of $83,000 and 5117,000. determine the associated earnings per share (EPS). b. Using 583.000 of EBIT as a base, calculate the degree of financial leverage (DFL) c. Rework parts a and bassuming that the firm has 599,000 of 15% (annual interest) debt and 3,000 shares of common stock. a. Calculate the EPS for EBIT value of $83,000 below (Round to the nearest dollar except for the EPS which should be rounded to the nearest cent.) EBIT Less Interest Net profits before taxes 5 Less Taxes (40%) Net profit after taxes $ EPS (2,000 shares) Enter any number in the edit fields and then click Check Answer 5 parts Clear All remaining Check