Question: You May Attempt This Question 3 More Times For Credit. Ski And Board Are Two Identical Firms Of Identical Size Operating In Identical Markets. Ski Is Unlevered With Assets Valued At $8000 And Has 400 Shares Of Stock Outstanding. Board Also Has $8000 In Assets And Has $3000 In Debt Financed At An Interest Rate Of 7.50% And Has 250 Shares Of Stock Outstanding….

You may attempt this question 3 more times for credit. Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $8000 and has 400 shares of stock outstanding. Board also has $8000 in assets and has $3000 in debt financed at an interest rate of 7.50% and has 250 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 CHECK ANSWER