Dickinson Company has $11,860,000 million in assets. Currently half of these assets are financed with long-term debt at 9.3 percent and half with common stock having a par value of \$8. Ms. Park, Vice President of Finance, wishes to analyze two refinancling plans, one with more debt (D) and one with more equlty (E). The company earns a return on assets before interest and taxes of 9.3 percent. The tax rate is 40 percent. Tax loss carryover provisions apply, so negatlve tax amounts are permissable. Under Plan D, a \$2,965,000 million long-term bond would be sold at an Interest rate of 11.3 percent and 370,625 shares of stock would be purchased in the market at $8 per share and retlired. Under Plan E, 370,625 shares of stock would be sold at $8 per share and the $2,965,000 in proceeds would be used to reduce longterm debt. a. Compute earnings per share considering the current plan and the two new plans. Note: Round your answers to 2 decimal places. b-1. Compute the earnings per share if return on assets fell to 4.65 percent. Note: Negatlve amounts should be indicated by a minus slgn. Round your answers to 2 decimal places. Leave no cells blank be certain to enter 0 wherever required. b-2. Which plan would be most favorable if return on assets fell to 4.65 percent? Consider the current plan and the two new plans. Plan E Current Plan Plan D b-3. Compute the earnings per share if return on assets increased to 14.3 percent. Note: Round your answers to 2 decimal places. b-4. Which plan would be most favorable If return on assets Increased to 14.3 percent? Consider the current plan and the two new plans. Current Plan Plan E Plan D c-1. If the market price for common stock rose to $10 before the restructuring. compute the earnings per share. Continue to assume that $2,965,000 million in debt will be used to retire stock in Plan D and \$2,965,000 million of new equlty will be sold to retire debt in Plan E. Also assume that return on assets is 9.3 percent. Note: Round your answers to 2 decimal places. c-2. If the market price for common stock rose to $10 before the restructuring, which plan would then be most attractive? Plan E Current Plan Plan D