Assuming the time is now Jan 01, 2001. You have the following financial information on Boston Electronics. The estimated cost of capital is 10%. Boston Electronics Projected income statements (S million) 2001 2002 2003 2004 Year Sales Cost of goods sold Selling and admin. Depreciation EBIT Taxes Interest Net income 2000 587.1 358.1 64.6 88.1 76.3 25.9 0 610.2 378.3 67.1 91.5 73.2 24.9 0 48.3 650.0 409.5 71.5 97.5 71.5 24.3 0 689.0 434.1 75.8 103.4 75.8 25.8 0 50.0 730.3 460.1 80.3 109.6 80.3 27.3 0 53.0 50.4 47.2 Projected balance sheets (S million) 58.7 17.9 411.0 487.6 61.0 18.9 427.1 507.1 65.0 20.5 455.0 540.5 68.9 21.7 482.3 572.9 Assets Accts receivable Inventory Property, plant, equip Total assets Liabs and equity Accts payable Equity Total liabs and equity 73.0 23.0 511.2 607.3 48.9 438.7 487.6 57.4 515.5 50.9 456.2 507.1 54.2 486.3 540.5 60.9 546.4 607.3 572.9 Question 16. Suppose the company was having 500 million outstanding shares by Jan 01, 2001. What would be the Earning Per Shares (EPS) of 2000?* O $0.1 O $0.01 O $1 O $10 Other