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Black Berry Farms and Pea Pod Farms are each able to generate EBIT of \\(...

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Black Berry Farms and Pea Pod Farms are each able to generate EBIT of \\( \\$ 168,000 \\). The separate capital structures for Black Berry and Pea Pod are presented below. a. Compute EPS for both firms (assume a 40 percent tax rate) (Round the final answers to 2 decimal places.) b. Assuming a P/E ratio of 31 for each firm, what would be each firm's share price? (Round your intermediate calculations and final answers to 2 decimal places.) c. Assume the P/E ratio would be 22 for the riskier company in terms of heavy debt utilization in the capital structure and 33 for the less risky firm. What would the share price now be for each firm? (Round your intermediate calculations and final answers to 2 decimal places.)

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