财管翻译期中.pdfVIP

22. Pulp paper Company and Holt paper Company are each able to generate earnings before interest and taxes of $15,000. The separate capital structures for Pulp and Holt are shown below: Pulp Holt Debt負債@ 10%……… $800,000 Debt @ 10%……..$400,000 Common stock普通股每股 , $5 700,000 Common stock, $5par.…… .1,100,000 Total總計………… …… $1,500,000 Total…………………… .1,500,000 Common shares流通在外…… 140,000 Common shares…………… 220,000 a. Compute earnings per share for both firms. Assume a 40 percen