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A firm is expected to generate $1.5 million in operating income and pay $250,000 in interest. Ignoring taxes, this will generate $12.50 earnings per share.

A firm is expected to generate $1.5 million in operating income and pay $250,000 in interest. Ignoring taxes, this will generate $12.50 earnings per share. What will happen to EPS if operating income increases to $2.0 million? a. EPS increase to $15.63. b. EPS increase to $16.67. c. EPS increase to $17.50. d. EPS increase to $20.00

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