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Summer Tan, Incorporated, is an allequity firm with a total market value of $597.000 and 40,100 shares of stock outstanding. Management believes the eamings before

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Summer Tan, Incorporated, is an allequity firm with a total market value of $597.000 and 40,100 shares of stock outstanding. Management believes the eamings before interest and toxes (Eam) will be $84,600 if the economy is nomat. If there is a recestion, Farr will be 20 percent lower, and if there is a boom, EBIT wil be 30 percent higher. The tax rote is 23 percent. What is the EPS in a boom? Muttiple Choice 597 $211 \$11 $167 $1.39

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