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Author Question: The EBIT-EPS indifference point is the level of production at which the company's EBIT equals its ... (Read 29 times)

RYAN BANYAN

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on: Jul 10, 2018
The EBIT-EPS indifference point is the level of production at which the company's EBIT equals its
  EPS.
 
  Indicate whether the statement is true or false

Question 2

Drexel Corporation has been enjoying a phenomenal rate of growth since its inception one year ago. Currently, its assets total 100,000.
 
  If growth continues at the current rate of 12 compounded quarterly, what will total assets be in 2 1/2 years? (Round to the nearest whole dollar)
  A) 142,571
  B) 126,678
  C) 148,016
  D) 136,855
  E) 134,392


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Cheesycrackers

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

E


RYAN BANYAN

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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