Revenue $500 million Book value of equity $87.5 million Net Income $50 million Earnings per share $3.25

Fantastic news! We've Found the answer you've been seeking!

Question:

Revenue $500 million Book value of equity $87.5 million Net Income $50 million Earnings per share $3.25 GDP forecast 3% If we expected Earnings per share to grow at a rate equal to GDP, what would projected EPS be for the year ended December 31, Year 2?