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Summer TanIncorporated, is an all - equity firm with a total market value of $ 5 0 9 , 0 0 0 and 3 5

Summer TanIncorporated, is an all-equity firm with a total market value of $509,000 and 35,300 shares of stock outstanding Management believes the earnings before interest and taxes (EBM) will be 77,400 if the economy is normalthere is a recession EBIT will be 30 percent lower, and if there is a boomEBIT will be 40 percent higherThe tax rate is 21 percentWhat is the EPS in a ?

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