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Please answer the following questions using Excel and provide formulas. Thank you, Break-even EBIT (with taxes). Beta, Gamma, and Delta Companies are similar in every

Please answer the following questions using Excel and provide formulas. Thank you,

image text in transcribedimage text in transcribed Break-even EBIT (with taxes). Beta, Gamma, and Delta Companies are similar in every way except for their capital structures. Beta is an all-equity firm with $3,300,000 of value and 110,000 shares outstanding. Gamma is a levered firm with the same value as Beta, but $990,000 in debt at 5% and 77,000 shares outstanding. Delta is a levered firm with the same value as both Beta and Gamma with $1,980,000 in debt at 15% and 44,000 shares outstanding. What are the break-even EBITs for Beta and Gamma, Beta and Delta, and Gamma and Delta Companies if the corporate tax rate is 30% for all three companies? What is the break-even EBIT for Beta and Gamma companies? $ (Round to the nearest dollar.) What is the break-even EBIT for Beta and Delta companies? $ (Round to the nearest dollar.) What is the break-even EBIT for Gamma and Delta companies? $ (Round to the nearest dollar.)

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