Using information above regarding SkyTech Inc., which of the following statements is correct regarding the...
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Accounting
Using information above regarding SkyTech Inc., which of the following statements is correct regarding the earnings per share (EPS) of the firm?
A. EPS will stay the same before and after the firm takes on the debt
B. EPS will increase after the firm takes on the debt
C. EPS will decrease after the firm takes on the debt
D. new EPS will be higher than $1 after the firm takes on the debt
E. there is not enough information to decide how EPS will change after the firm takes on the debt
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