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Lenow Drug Stores and Hall Pharmaceuticals are competitors in the discount drug chain store business. The separate capital structures for Lenow and Hall are presented

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Lenow Drug Stores and Hall Pharmaceuticals are competitors in the discount drug chain store business. The separate capital structures for Lenow and Hall are presented here. Lenow Debt BB Common stock, $10 par Total Common shares Hall $300,000 Debt @ 88 600,000 Common stock, $10 par $900,000 Total 60.000 Common shares $600,000 300.000 $900.000 30,000 a. Complete the following table given earnings before interest and taxes of $34.000. $72.000, and $89,000. Assume the tax rate is 10 percent. (Negative amounts should be indicated by parentheses or a minus sign. Round your answers to 2 decimal places.) EBITITA % Lenow EPS Hall EPS $ $ $ EBIT 34,000 72,000 89,000 Total Assets $ 900,000 $ 900,000 $ 900,000 What is the relationship between the EPS of the two firms? Lenow EPS > Hall EPS Lenow EPS = Hall EPS Lenow EPS

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