15. Which of the following statements is CORRECT? | a. The more depreciation a firm has in a given year, the higher its EPS, other things held constant. b. Typically, a firm's DPS should exceed its EPS. c Typically, a firm's EBIT should exceed its EBITDA. d. If a firm is more profitable than most other firms, we would normally expect to see its book value per share exceed its stock price, especially after several years of high inflation. Rev. Apr 2020 Page 6 of 8 e. If a firm is more profitable than average (e.g., Google), we would normally expect to see its stock price exceed its book value per share. Notes: 15. Which of the following statements is CORRECT? | a. The more depreciation a firm has in a given year, the higher its EPS, other things held constant. b. Typically, a firm's DPS should exceed its EPS. c. Typically, a firm's EBIT should exceed its EBITDA. mwe d. If a firn share te profitable than most other fir almafter several mal expect to see its book value per le. It a firm is more profitable than averade (eg., Google. We would normally expect to see its stock price exceed its book value per share, Notes