Question: b - 3 . State the relationship between earnings per share and the level of EBIT. EPS is unaffected by financial leverage when the pre

b-3. State the relationship between earnings per share and the level of EBIT.
EPS is unaffected by financial leverage when the pre-tax return on assets (EBIT/TA)
the cost of debt.
b - 3 . State the relationship between earnings

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