Ski and Board are two identical firms of identical size operating in identical markets. Ski...
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Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $13000 and has 650 shares of stock outstanding. Board also has $13000 in assets and has $6000 in debt financed at an interest rate of 6.00% and has 350 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. $ answer should NOT include a comma Place your answer to the nearest dollar. If applicable, your
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