SHAH TE 0 The financial structure of Summit Inc. and Ligo Co. are given in the following table (in millions of dollars): Summit Inc. HADIM SOLOGY Details Current Liabilities Bonds (10%) Common stock Ligo Co. $20 $20 $0 $130 Summit has 9 million shares outstanding, while Ligo has 13 million. Required: Assume that for both the firms the ratio of Operating income to total assets is 0.2 and the tax rate applicable 50%. Prepare a complete income statement and calculate the EPS of both the firms. Also calculate the Degree of Financial Leverage (DFL) for both the firm