EPS
EPS
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EBIT in Hare Inc rises from $1.2million to $1.5million. Over the same period, the company's EPS increases from 65c per share to 91c per share. What is the Degree of financial gearing in this company (to three decimal places)? A. 4 B. 1.6 C. 1.429 D. 0.625 |