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Jasper Industrial has no debt outstanding and a total market value of $216,000. Earnings b

Jasper Industrial has no debt outstanding and a total market value of $216,000. Earnings b

Jasper Industrial has no debt outstanding and a total market value of $216,000. Earnings before interest and taxes. EBIT, are projected to be $15,000 if economic conditions are normal If there is strong expansion in the economy, then EBIT will be 12 percent higher. If there is a recession, then EBIT will be 15 percent lower. There are currents 8.600 shares outstanding. Ignore taxes What a the percentage change in EPS when a normal economy slips Into recession? -15.5 percent -15.2 percent -15.0 percent 16.1 percent -14.8 percent

Abhinav 04-Dec-2019

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