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Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets val
Posted: Sun Jul 03, 2022 12:52 pm
by answerhappygod
- Ski And Board Are Two Identical Firms Of Identical Size Operating In Identical Markets Ski Is Unlevered With Assets Val 1 (32.36 KiB) Viewed 10 times
Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $12000 and has 600 shares of stock outstanding. Board also has $12000 in assets and has $4000 in debt financed at an interest rate of 9.00% and has 400 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