Develop an EPS/EBIT chart to reflect your analysis.

Virac Development Corporation (VDC) is a corporation with business address at Virac, Catanduanes, Philippines. Top management is contemplating of expanding its operations globally. VDC’s financial staff estimates that it needs to raise PhP1 billion to expand its operations globally. You were hired by VDC as Management Consultant and you are to recommend to top management whether VDC should have to use all debt, all stock, or a 50-50 combination of debt and stock to finance this market-development strategy. Your decision should be based on the following facts: a. 38 percent tax rate, 5 percent interest rate b. Price of stock is PhP50.00 per share and an annual dividend of PhP0.30 per share of common stocks. c. The EBIT range for the previous year is between PhP6.332 billion and Php9 billion d. A total of 1 billion shares of common stocks are outstanding. Develop an EPS/EBIT chart to reflect your analysis.