Dickinson Company has $12,060,000 million in assets. Currently halt of these assets are financed with long-term debt at 10.3 percent and half with common stock having a par value of $8. Ms. Smith, Vice President of Finance, wishes to analyze two refinancing plans, one with more debt (D) and one with more equity (E). The company earns a return on assets before nberest and taxes of 10.3 percent. The tax rate is 40 percent. Tax loss carryover provisions apply, so negative tax amounts are permissable. Under Plan D, a $3,015,000 million long-term bond would be sold at an interest rate of 12.3 percent and 376,875 shares of stock would be purchased in the market at $8 per sh end retired. Under Plan E, 376,875 shares of stock would be sold at $8 per share and the $3,015,000 in proceeds would be used to reduce long-term debr .. How would each of these ated eamings per share? Consider the arret plan and the two new pars (Round your anwers to 2 decimal places) Current Plan Plan D Plan E Earnings per share b-1. Compute the eamings per share if retum on assets eill to 5.15 percent (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Current Plan Plan D Plan E Earmings per share b-2. Which plan would be most favorable if return on assets fell to 5.15 peroent? Consider the current plan and the two new plans Plan D Current Plan Plan E