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Uptown construction is comparing two different capital structures plan i would result is 23000 shares of stock and

Uptown construction is comparing two different capital structures. plan i would result is 23,000 shares of stock and 320,000 in debt. plan ii would result in 17000 shares of stock and 260,000 in debt. the interest rate on the debt is 10 percent. ignoring taxes. EPS will be identical for plans i and iii when EBIT equals which on the following?

 

May 31 2020 View more View Less

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