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I need the correct answer for d3 and c2 a. Honeycutt Co. is comparing two different capital structures. Plan I would result in 32,000 shares

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I need the correct answer for d3 and c2

a. Honeycutt Co. is comparing two different capital structures. Plan I would result in 32,000 shares of stock and $94,500 in debt. Plan II would result in 26,000 shares of stock and $283,500 in debt. The interest rate on the debt is 4 percent. Ignoring taxes, compare both of these plans to an all-equity plan assuming that EBIT will be $125,000. The all-equity plan would result in 35,000 shares of stock outstanding. What is the EPS for each of these plans? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. In part (a), what are the break-even levels of EBIT for each plan as compared to that for an all-equity plan? (Do not round intermediate calculations.) Ignoring taxes, at what level of EBIT will EPS be identical for Plans I and II? (Do not round intermediate calculations.) d-1. Assuming that the corporate tax rate is 23 percent, what is the EPS of the firm? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d-2. Assuming that the corporate tax rate is 23 percent, what are the break-even levels of EBIT for each plan as compared to that for an all-equity plan? (Do not round intermediate calculations.) d-3. Assuming that the corporate tax rate is 23 percent, when will EPS be identical for Plans I and II? (Do not round intermediate calculations.) C. a. S A 5 S b. S 3.78 4.37 3.57 44,100 44,100 40,320 % 2.91 C. S S Plan I EPS Plan II EPS All equity EPS Plan I and all-equity break-even EBIT Plan II and all-equity break-even EBIT Plan I and Plan I break-even EBIT Plan I EPS Plan || EPS All equity EPS Plan I and all-equity break-even EBIT Plan Il and all-equity break-even EBIT Plan I and Plan II break-even EBIT d- 1. S S S 3.36 2.75 5 d- 2. S S 44,100 44,100 40,320 d- 3. S

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