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Megan Ryan & Associates has operating income (EBIT) of $190,000, fixed costs of $80,000, interest expense of $52,000, and its tax rate is 40 percent.

image text in transcribed Megan Ryan \& Associates has operating income (EBIT) of $190,000, fixed costs of $80,000, interest expense of $52,000, and its tax rate is 40 percent. If the company were able to increase its operating income by 14 percent, by what percentage would the earnings per share increase? A. 19.00 percent B. 22.74 percent C. 24.18 percent D. 19.28 percent E. 21.63 percent A B C D E

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