ghost inc has no debt outstanding and a total market value of $273,600. Earnings before interest and taxes, EBIT are projected to be $43,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 17% higher. If there is a recession, then EBIT will be 28% lower. the company is considering a repurchase shares of stock. There are currently 7600 shares outstanding. The company has a tax rate of 21% a market-to-book ratio of 1.0 and the stock price remains constant.

calculate earning per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places)

Calculate the percentage changes in EPS when the economy expands or enters a recession.

Calculate earning per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization

Given the recapitalization calculate the percentage change in EPS when the economy expands or enters a recession