Given the following information, answer questions 5 and 6: Currently, Initech Inc. has a market value of $80 million with 4 million shares outstanding. Its shareholder equity (-book value) is $100 million. 6. If Initech Inc. repurchases 25 percent of its shares in the stock market at $20 per share, what will be the new b&ek value of equity, if all else remains the same? Question 7 15 In 2020, SPIX Corp. had an annual sale of $70,000,000, cost of goods sold of $35,000,000, interest expense of $4,000,000, and income tax expense of $11,000,000. What is SPIX Corp's 2020 earnings per share given that it h 8,000,000 shares outstanding, $2.5 $4.0 $32 $16 8. Which of the following ratios are measures of a firm's profitability? 1. Times interest earned 11. Return on equity III. Asset to equity IV. Profit margin I and II II and IV Ill, and IV II and