To the left of the EBIT-EPS indifference point, higher levels of debt: Decrease EPS. Increase EPS. Do not impact EPS. Make EPS less volatile. The Dailly Company is considering two financing alternatives as shown in Table 15A, and is interested in locating the EBIT-EPS indifference point. Dailly has a 35% income tax rate. Reference: Ref 144 What level of EBIT leads to the same EPS under both alternatives? $250,000. $70,000 $450,000 $110,000 Ensuring cash will be available to pay liabilities when they fall due. Having an individual liability to match each individual asset. Setting assets equal to liabilities plus owners' equity. Equating the firm's assets to the market value of its common stock. If a firm's cash balance temporarily exceeds its optimal working-cash balance, an efficient cash manager would: Buy marketable securities. Do nothing since the excess is only temporary. Act to reduce accounts payable. Sell marketable securities