firm has a capital structure that is half debt
firm has a capital structure that is half debt and half common equity and totals $120,000,000.Sales are $180,000,000 with variable costs equal to 60% of sales and fixed operating costs of$30,000,000. It has 2,500,000 shares of common stock outstanding and interest on debt is 12%. Ifthe corporate tax rate is 40%, find the EBIT, NI, BEP , ROE, and EPS.