True/False
When the interest expense is zero, the percentage change in earnings per share will be the same as the percentage change in EBIT.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q112: All of the following statements are correct
Q113: The sustainable growth rate measures how quickly
Q114: The ratio of long-term debt to GDP
Q115: The probability of financial distress and bankruptcy
Q116: Firms prefer to issue stock when earnings
Q118: All of the following statements are correct
Q119: The firm's optimum debt/equity mix minimizes the
Q120: The internal growth rate measures how quickly
Q121: Repurchasing common stock decreases a firm's debt
Q122: Which of the following statements is false?<br>A)