Your firm's EPS last year was $1.00.You expect sales to increase by 15% during the coming year.If your firm has a degree of operating leverage equal to 1.25 and a degree of financial leverage equal to 3.50,then what is its expected EPS?
A)$1.57
B)$1.66
C)$1.74
D)$1.83
E)$1.92

Question

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The Answer of Your firm's EPS last year was $1.00.You expect sales to increase by 15% during the coming year.If your firm has a degree of operating leverage equal to 1.25 and a degree of financial leverage equal to 3.50,then what is its expected EPS?
A)$1.57
B)$1.66
C)$1.74
D)$1.83
E)$1.92

Your Firm's EPS Last Year Was $1