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king lyon has following assets current assets-$ 2,860,000 capital assets-$7,800,000 total assets-$10,660,000 during 4 months of year, current assets drop to $ 1,300,000 ( total
king lyon has following assets
current assets-$ 2,860,000
capital assets-$7,800,000
total assets-$10,660,000
during 4 months of year, current assets drop to $ 1,300,000 ( total assets will then be $9,100,000). its operating profit is expected to be $ 492,500. its tax rate is 20% . shares are valued at $20. its capital structure is short term financing at 2 percent and long term financing of 40 percent equity,60% debt at 4 percent
calculate expected eps if firm is perfectly hedged
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