Hello!
I am stuck on only B-1 Recession EPS - I got everything else and
I cannot figure out what I'm doing wrong - I keep getting $4.81,
but it's incorrect and I don't know why. Can you help? I pasted my
numbers below the question.
Sunrise, Inc., has no debt outstanding and a total market value
of $240,900. Earnings before interest and taxes, EBIT, are
projected to be $40,000 if economic conditions are normal. If there
is strong expansion...