Oak Farms is an unlevered firm with 2220 shares outstanding and an EBIT of 650. Corporate camings are taxed at a rate of 315 Calculate EPS for Oak Farms Note: Your answer should be in dollars and cents. For example, 50.00 Suppose that Oak Farms makes a decision to partition (split) its assets into debt and equity. The issues $1250 of debt at a cost of 8.89% and use these funds to reduce the amount of duty on its books. The partition does not change the EBIT or the fax rate, but does reduce the number of shares outstanding to 1470 Compute Oak Farm EPS after the partition Note: Your answer should be in dollars and cents You Must Get Both Parts Correct to Receive Credit CHEVNICATE