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Foundation, Incorporated, Is comparIng two different capital structures, an all - equity plan ( Plan I ) and a levered plan ( Plan II )

Foundation, Incorporated, Is comparIng two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Unjer Plan I, the company would have 175,000 shares of stock outstanding. Under Plan III, there would be 125,000 shares of stock outstanding and $1.7 million In debt outstanding. The Interest rate on the debt is 5 percent, and there are no taxes.
a. If EBIT Is $325,000, what Is the EPS for each plan?
Note: Do not round Intermedlate calculatlons and round your answers to 2 decimal places, e.g.,32.16.
b. If EBIT is $575,000, what is the EPS for each plan?
Note: Do not round Intermedlate calculatlons and round your answers to 2 decimal places, e.g.,32.16.
c. What is the break-even EBIT?
Note: Do not round Intermedlate calculatlons and enter your answer In dollars, not milllons of dollars, e.g.,1,234,567.
\table[[a. Plan I EPS,],[Plan II EPS,],[b. Plan I EPS,],[Plan II EPS,],[c. Break-even EBIT,]]
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