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Gross Profit 54 40 Selling, general, and administrative expenses - 22 - 20 Research and development - 8 - 7 Depreciation and amortization -4 - 3 Other income 46 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 24 million shares outstanding, what is its EPS in 2009? A. $0.3 B. $0.38 C. $0.45 D. $0.19

Gross Profit 54 40 Selling, general, and administrative expenses - 22 - 20 Research and development - 8 - 7 Depreciation and amortization -4 - 3 Other income 46 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 24 million shares outstanding, what is its EPS in 2009? A. $0.3 B. $0.38 C. $0.45 D. $0.19

Essentials Of Investments
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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Gross Profit 54 40 Selling, general, and administrative expenses - 22 - 20 Research and development - 8 - 7 Depreciation and amortization -4 - 3 Other income 46 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 24 million shares outstanding, what is its EPS in 2009? A. $0.3 B. $0.38 C. $0.45 D. $0.19
Transcribed Image Text:Gross Profit 54 40 Selling, general, and administrative expenses - 22 - 20 Research and development - 8 - 7 Depreciation and amortization -4 - 3 Other income 46 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 24 million shares outstanding, what is its EPS in 2009? A. $0.3 B. $0.38 C. $0.45 D. $0.19
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