New Milford, Inc., generally receives three checks per month. A check for $10,880 clears in 4 days, a check for $6,400 clears in 3 days, and a check for $7,650 clears in 3 days. Assuming 30 days in each month, what is the average daily float? 8:49 Multiple Choice $27700 $831.00 $2.49133 O $277.00 O O O O $831.00 $2.491.33 $2.855.67 $2.706.33 XYZ, Inc., is an all-equity firm with a total market value of $597,000 and 40,100 shares of stock outstanding. Management believes the earnings before interest and taxes (EBIT) will be $84,600 if the economy is normal. If there is a recession, EBIT will be 20 percent lower, and if there is a boom, EBIT will be 30 percent higher. The tax rate is 34 percent. What is the EPS in a boom? Multiple Choice $1.67 $.97 $1.11 uple Choice O $1.67 O O $.97 $1.11 $1.39 $181