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You are also intormed that the estimated operating profit (Eamt) margin is 12 percent and the tax rate is 32 percent. Do not round intermediate

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You are also intormed that the estimated operating profit (Eamt) margin is 12 percent and the tax rate is 32 percent. Do not round intermediate calculations. Round your answers to the nearest cent: a. Combute the estimated EPS for 2018 . 5 b. Assume that a member of the research committee for your firm feels that it is important to consider a range of operating profit margin (OpM) estimates. Therefore, you are asked to derive both optimistic and pessimistic EPS estimstes using 11 and 13 percent for the OPM and holding everything else constant. Optimistic eps: 5 Pessimistic EPS: 4

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