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MLDR, Inc. has $1 million in total assets. The company is expecting an EBIT of $360,000 next year. The company's capital structure consists of $500,00

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MLDR, Inc. has $1 million in total assets. The company is expecting an EBIT of $360,000 next year. The company's capital structure consists of $500,00 long-term debt with a 12% coupon and 50,000 shares of common stock with a $10 par value. Dividends are 40% of Net Income. The tax rate is 25%. What will be the company's Earnings Per Share? $2.70 $4.50 $5.40 $7.20

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