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Question 13 Use the following information to answer three related questions below. I wore any effects Current Cap. Structure Proposed Cap. Structure Assets $45 million

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Question 13 Use the following information to answer three related questions below. I wore any effects Current Cap. Structure Proposed Cap. Structure Assets $45 million $45 million Debt So $25 million Equity $45 million $20 million Shares Outstanding 2,000,000 1,000,000 Interest Rate on Debt 8%6 8% Recession Expected Expansion EBIT $5.0 million $7.0 million $9.0 million What is the EPS during an expansion for the proposed capital structure? Select one: a $3.00

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