Author Question: Use the table for the question(s) below.Income Statement for Xenon Manufacturing:20082009Total ... (Read 66 times)

JGIBBSON · **on:** Jul 9, 2019

Use the table for the question(s) below.

Income Statement for Xenon Manufacturing:

2008

2009

Total sales

202

212

Cost of sales

-148

-172

Gross Profit

54

40

Selling, general,

and administrative expenses

-22

-20

Research and development

-8

-7

Depreciation and amortization

-4

-3

Other income

4

6

Earnings before interest

and taxes (EBIT)

24

16

Interest income (expense)

-7

-4

Pretax income

14

12

Taxes

-4

-3

Net Income

10

9

Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 25 million shares outstanding, what is its EPS in 2009?
◦ $0.84
◦ $0.40
◦ $0.63
◦ $0.36

Awesome · **Reply #1 on:** Jul 9, 2019

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