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King Lyon has the following assets During 4 months of the year, current assets drop to $1,900,000 (total assets will then be $10,300,000 ). Its

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King Lyon has the following assets During 4 months of the year, current assets drop to $1,900,000 (total assets will then be $10,300,000 ). Its operating profit (EBIT) is expected to be $504,500. its tax rate is 20 percent. Shares are valued at $20. its capital structure is short-term financing at 2 percent and long-term financing of 40 percent equity, 60 percent debt at 4 percent. Q. Calculate expected EPS if the firm is perfectly hedged. (Do not round intermediate colculations ond round your final onswer to 2 decimol places.)

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