Suppose, East Oil Mills Sales (100,000 units) RM1,200,000, variable cost RM600,000, fixed costs RM150,000, interest paid RM75,000, tax rate 34 percent, common shares outstanding 100,000. If sales increase by 5 percent, what should be the effect on EPS?

Select one:

a. 17.11%

b. 17.29%

c. 8.19%

d. 8.00%