Bodmore Corporation's EBIT and EPS in the previous year were $525,000 and $3.23. This year EBIT and EPS were $750,000 and $5.26. Given this information, calculate the company's DFL.
A) 1.80
B) 1.90
C) 2.00
D) 2.10
E) 2.20
Correct Answer:
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