Rise Against Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a...

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Rise Against Corporation is comparing two different capitalstructures: an all-equity plan (Plan I) and a levered plan (PlanII). Under Plan I, the company would have 170,000 shares of stockoutstanding. Under Plan II, there would be 120,000 shares of stockoutstanding and $1.60 million in debt outstanding. The interestrate on the debt is 8 percent, and there are no taxes.

a.
If EBIT is $525,000, what is the EPS for each plan?(Round your answers to 2 decimalplaces.(e.g.,32.16))

EPS
  Plan I $
  Plan II $

b.
If EBIT is $775,000, what is the EPS for each plan?(Round your answers to 2 decimalplaces.(e.g.,32.16))

EPS
  Plan I $
  Plan II $

c.
What is the break-even EBIT? (Do not round intermediatecalculations. Enter your answer in dollars, not millions ofdollars, i.e. 1,234,567.)

  Break-even EBIT $

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Rise Against Corporation is comparing two different capitalstructures: an all-equity plan (Plan I) and a levered plan (PlanII). Under Plan I, the company would have 170,000 shares of stockoutstanding. Under Plan II, there would be 120,000 shares of stockoutstanding and $1.60 million in debt outstanding. The interestrate on the debt is 8 percent, and there are no taxes. a.If EBIT is $525,000, what is the EPS for each plan?(Round your answers to 2 decimalplaces.(e.g.,32.16)) EPS Plan I$ Plan II$ b.If EBIT is $775,000, what is the EPS for each plan?(Round your answers to 2 decimalplaces.(e.g.,32.16)) EPS Plan I$ Plan II$ c.What is the break-even EBIT? (Do not round intermediatecalculations. Enter your answer in dollars, not millions ofdollars, i.e. 1,234,567.) Break-even EBIT$