FIRST BREAKPDINT '[EIIIUI'F'I'r BREAKFOINT} Available Equity!r Funding Require after-tax reinvested value for retained earnings [equity] for rst breakpoint. Earnings available to Atlas Metals Company's common shareholders after tax is $4?,4?D,CIOO for 1993 Dividend payout ratio = 30% Available equity [retaining earning] for reinvestment (100 - 30} 96 = F096 Dollar value of retained earnings available for funding projects = 549,4?D x [LTD = $34,629,000 Available Equityr Funding = 94.629300