Deng Inc.’s EBIT changes by 20%. The firm computed that they have a Degree of financial leverage of 3. What is the expected change in the earnings per share of Deng Inc.? A. 6% B. 6.67% C. 60% D. 66.67%
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Deng Inc.’s EBIT changes by 20%. The firm computed that they have a Degree of financial leverage of 3. What is the expected change in the earnings per share of Deng Inc.?
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