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Tancredi Inc. has Debt= $200 million, Common Equity= $ 300 million, and No. of shares outstanding = 15 million. The company has $500 million in
Tancredi Inc. has Debt= $200 million, Common Equity= $ 300 million, and No. of shares outstanding = 15 million. The company has $500 million in total assets and has a 40% marginal tax rate. What is the EPS for Tancredi at an EBIT level of $50 million?
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