Multiple Choice
Quick Launch Rocket Company, expects its sales to increase by 50 percent in the coming year. The firm's current earnings per share (EPS) is $3.25. Its degree of operating leverage is 1.6 and its degree of financial leverage is 2.1. What is the firm's projected EPS for the coming year?
A) $3.25
B) $5.46
C) $10.92
D) $8.71
E) $19.63
Correct Answer:
Verified
Correct Answer:
Verified
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