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 $1.75.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? Do not round intermediate calculations.

A) $4.69
B) $4.50
C) $3.99
D) $4.36
E) $5.53