All else equal, the use of debt will a.result in a lower earnings per share and, thus, a higher P/E ratio b.result in both a lower earnings per share and a lower P/E ratio c.result in a higher...

All else equal, the use of debt will

a.result in a lower earnings per share and, thus, a higher P/E ratio

b.result in both a lower earnings per share and a lower P/E ratio