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: Determine Garneau's optimum capital structure based on the following information: debt equity EPS DPS Stock Price 20% 80% 2.21.1 40.12, 30% 70% 2.4 1.2

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Determine Garneau's optimum capital structure based on the following information: debt equity EPS DPS Stock Price 20% 80% 2.21.1 40.12, 30% 70% 2.4 1.2 42.34 40% 60% 2.6 1.3 43.52 50% 50% 2.8 1.4 39.42

a. 50% debt; 50% equity b. 20% debt; 80% equity c. 30%debt; 70% equity d. 40% debt; 60% equity.

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