The following three companies have asset financing structures which are considered to be aggressive, average and defensive strategists:

Statement of Financial Position as at 31st December, 2019
	Aggressive Ltd	Average Ltd	Defensive Ltd
	GH000	GH 000	GH 000
Noncurrent assets	175,000	125,000	100,000
Current assets	75,000	125,000	150,000
Total assets	250,000	250,000	250,000
Equity(100,000,000 @ Gh1)	50,000	50,000	50,000
25% Debenture	50,000	75,000	150,000
Current liabilities (average cost 3% pa)
Bank overdraft	150,000	125,000	50,000
Total equity and liabilities	250,000	250,000	250,000

Notes:

• The companies finance some aspects of business operations with bank overdraft at the interest of 15% per annum.
• Each of the three companies recorded Net Profit before Interest and Taxes (EBIT) of GH80,000,000.
• Corporate tax is 25%

Required

1. Describe three characteristics of the following working capital strategists listed below:

1. Aggressive working capital strategy
2. Average working strategy
3. Moderate working strategy

Calculate the EPS for the three working capital financing strategists for the year ended December 31, 2019.