FBA/PFS2163/AUG19 d. The following information pertains to the Queen Burger Restaurant chain: RM600,000 300,000 300,000 100,000 Sales Variable costs Gross profit Fixed costs Earnings before interest and taxes Interest expense Earnings before taxes Taxes (30%) Net income 200,000 50,000 150,000 45,000 RM105,000 i. If sales increase by 10%, what will be the new level of EPS if the firm has 100,000 shares outstanding? (5 marks) ii. Determine the percentage increase in EPS? Explain the difference between the percentage increase in sales and the percentage increase in EPS. (7 marks)