The capital structure for Cain Supplies is Cain Supplies Debt @ 9% Common stock, $10 par Total Common shares $ 70,000 140000 210,000 14,000 Compute the stock price for Cain if it sells at 16 times earnings per share and EBIT is $44,000. The tax rate is 20 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price The Sterling Tire Company's income statement for 20X1 is as follows: STERLING TIRE COMPA Income Statement For the Year Ended December 31, 20x1 Sales (29,000 tires at 578 each) Variable costs (29,000 tires at $39) Fixed costs 5 2,282,000 1,131.000 490,000 5 641.000 Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Income tax expense (30%) 5 586,500 175.950 Earnings after taxes (EAT) 5 410,550 a. Compute the degree of operating leverage. (Round your answer to 2 decimal places.) Degree of operating leverage b. Compute the degree of financial leverage. (Round your answer to 2 decimal places.) Degree of financial leverage c. Compute the degree of combined leverage. (Round your answer to 2 decimal places.) Degree of combined leverage d. Compute the break-even point in units. (Round your answer to the nearest whole number.) Break-even point units