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(Using EBIT-EPS break even analysis) Home Depot Inc (HO), had 1244 milion shares of common stock outstanding in 2016, whereas Lowes Companies Inc (LOW) had
(Using EBIT-EPS break even analysis) Home Depot Inc (HO), had 1244 milion shares of common stock outstanding in 2016, whereas Lowes Companies Inc (LOW) had 929 milion shares outstanding. Assuming Home Depors 2016 interest expense l 3919 million Lowes Interest expenses 5652 milion, and a 35 percent tax rate for both films, what is their break even level of operating income ile the level of EBIT where EPS is the same for both my? The EBIT indiference level in Round to the nearest dollar
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