Home depot inc hd had 1244 million shares of common stock, Ask an Expert

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Home? Depot, Inc.? (HD), had 1244 million shares of common stock outstanding in? 2016, whereas Lowes? Companies, Inc.? (LOW), had 929 million shares outstanding. Assuming Home? Depot's 2016 interest expense is ?$919 ?million, Lowes' interest expense is ?$552 ?million, and a 36 percent tax rate for both? firms, what is their? break-even level of operating income? (i.e., the level of EBIT where EPS is the same for both? firms)?

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Category:- Financial Management
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