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NOTE: SHOW FORMULA AND SOLUTION IN EXCEL Calculate Break-even EBIT and EPS in where EBIT=P4.2mn and: Option A: P15mn all-equity, 150,000 shares, t=32% Option B:

NOTE: SHOW FORMULA AND SOLUTION IN EXCEL

Calculate Break-even EBIT and EPS in where EBIT=P4.2mn and:

  1. Option A: P15mn all-equity, 150,000 shares, t=32%

  2. Option B: P9mn equity, P6mn debt, P1.02mn interest expense, 90,000 shares, t=32%

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