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Hmedepot inchd had 170170 billion shares of common stock

(EBIT-EPS break-even analysis)

HomeDepot, Inc.(HD) had 1.701.70 billion shares of common stock outstanding in2008, whereas LowesCompanies, Inc.(LOW) had 1.461.46 billion shares outstanding. Assuming HomeDepot's 2008 interest expense is $696696 million, Lowes' interest expense is $239239 million, and a 3434 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 bothfirms)?

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Operation Management: Hmedepot inchd had 170170 billion shares of common stock

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