Goodshape Company has currently, an ordinary share capital of Rs. 2.5 million, consisting of 25,000 shares of Rs. 100 each. The management is planning to raise another Rs. 2 million to finance major program of expansion through one of the four possible financing plans. The plans are: i. Entirely through ordinary shares. ji. Rs. 1 million through ordinary shares and Rs. 1 million through long-term borrowing at 8 percent interest per annum. Dji. Rs. 0.5 million through ordinary shares and Rs. 1.5 million through long-term borrowing at 9% interest per annum iv. Rs. 1 million through ordinary shares and Rs. 1 million through preference shares with 5 percent dividend. The company’s expected Earnings before Interest and Taxes (EBIT) will be Rs.0.8 million. Required: Consider a corporate tax rate of 50%, determine the earnings per share (EPS) in each alternative and comment on the implications of financial leverage.