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You may attempt this question 3 more times for credit. Ski and Board are two identical firms of identical size operating in identical markets. Ski

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You may attempt this question 3 more times for credit. Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $8000 and has 400 shares of stock outstanding. Board also has $8000 in assets and has $3000 in debt financed at an interest rate of 7.50% and has 250 shares of stock outstanding. Both Ski and Board pay tax at the rate of 30%. Calculate the level of EBIT that would make earnings per share the same for Ski and Board. S Place your answer to the nearest dollar. If applicable, your answer should NOT include a comma CHECK

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