Levered Firm Assignment
February 18th, 2020
For a levered firm:
a. as earnings before interest and taxes (EBIT) increases, earning per share (EPS) increases by the same percentage
b. as EBIT increases, EPS increases by a larger percenatge.
c. as EBIT increases, EPS decreases by the same percentage
d. as EBIT increases, EPS decreases by a larger percentage. Get Finance homework help today