The Quick Company Expects Its Sales to Increase by 50

Multiple Choice

The Quick Company expects its sales to increase by 50% in the coming year.The firm's current EPS is $2.50.Its degree of operating leverage is 1.6,while its degree of financial leverage is 2.1.What is the firm's projected EPS for the coming year using the DTL approach?

A) $6.70
B) $6.83
C) $5.36
D) $6.90
E) $8.17