Which one of the following statements is INCORRECT?

a.Determining AFN is easy, but the choice & combination of various sources require a careful look at the implication for the bottom line.

b.EBIT-EPS analysis can be improved to accommodate risk

c.EBIT-EPS analysis does consider the variability of the expected value of EPS and hence ignores risk.

d.Understanding the implication of financing options is critical in the design of a firm's capital structure

Clear my choice