Depreciation and amo Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income Price per share Sharing outstanding (millions) Stock options outstanding (millions) Stockholders Equity Total Liabilities and Stockholders' Equity O 148.27% O 247.12% 098.85% 41.2 123.56% JED 41.2 -25.1 16.1 -5.5 10.6 $16 10.2 0.3 126.6 533.1 136.1 10 Refer to the income statement above. Luther's return on equity (ROE) for the year ending December 21, 2005 is closest to 136.1 -15.2 120.9 -42.315 78.585 $15 8.0 0.2 63.6 386.7

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $millions)
Total sales
Cost of sales
Gross profit
Selling, general, and
administrative expenses
Research and development
Depreciation and amortization
Operating income
Other income
Earnings before interest and taxes (EBIT)
Interest income (expense)
Pretax income
Taxes
Net income
Price per share
Sharing outstanding (millions)
Stock options outstanding (millions)
2006
610.1
-500.2
109.9
-40.5
-24.6
-3.6
41.2
==
41.2
-25.1
16.1
-5.5
10.6
$16
10.2
0.3
2005
579.1
-378.8
200.3
-39.6
-20.9
-3.7
136.1
W
136.1
-15.2
120.9
-42.315
78.585
$15
8.0
0,2
Transcribed Image Text:Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) Total sales Cost of sales Gross profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income Price per share Sharing outstanding (millions) Stock options outstanding (millions) 2006 610.1 -500.2 109.9 -40.5 -24.6 -3.6 41.2 == 41.2 -25.1 16.1 -5.5 10.6 $16 10.2 0.3 2005 579.1 -378.8 200.3 -39.6 -20.9 -3.7 136.1 W 136.1 -15.2 120.9 -42.315 78.585 $15 8.0 0,2
Depreciation and amoradzadon
Operating income
Other income
Earnings before interest and taxes (EBIT)
Interest income (expense)
Pretax income
Taxes
Net income
Price per share
Sharing outstanding (millions)
Stock options outstanding (millions)
Stockholders' Equity
Total Liabilities and Stockholders' Equity
148.27%
O 247.12%
8.85%
41.2
123.56%
41.2
-25.1
16.1
-5.5
10.6
$16
10.2
0.3
126.6
533.1
136.1
Refer to the income statement above. Luther's return on equity (ROE) for the
year ending December 21, 2005 is closest to
136.1
-152
120.9
-42.315
78.585
$15
8.0
0.2
63.6
386.7
Transcribed Image Text:Depreciation and amoradzadon Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income Price per share Sharing outstanding (millions) Stock options outstanding (millions) Stockholders' Equity Total Liabilities and Stockholders' Equity 148.27% O 247.12% 8.85% 41.2 123.56% 41.2 -25.1 16.1 -5.5 10.6 $16 10.2 0.3 126.6 533.1 136.1 Refer to the income statement above. Luther's return on equity (ROE) for the year ending December 21, 2005 is closest to 136.1 -152 120.9 -42.315 78.585 $15 8.0 0.2 63.6 386.7
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