Dickinson Company has $11,880,000 milion in assets. Currently half of these assets are fnanced with long-term debt at 9 4 percent and half with common stock having a par value of $8. Ms. Smitn, Vice President of F wishes to analyze two refinancing plans, one with more debt (D) and one with more equity (E) The company eams a retum on assets before interest and taxes of 9.4 percent. The tax rate is 40 percent Tax loss caryove provisions apply, so negative tax amounts are permissabile Under Plan D, a $2,970,000 million long-erm bond would be sold at an interest rate of 11.4 percent and 371,250 shares of stock would be purchased in the market at $8 per share and retiresd Under Pian E, 371,250 shares of stock would be sold at $8 per share and the $2.970,000 in proceeds would be used to reduce long-lerm debt a. How would each of these plans affect earnings per share? Consider the current plan and the two new plans (Round your answers to 2 decimal places ) Current Plan Plan D Plan E per share on assets tel to 4 70 percent (egative amounts should be indicated by a minus sign Round your answers to 2 decimal placors) to 4 70 b-.Comple the earrings per share ? renrn Pian Pian D