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2. Given the following Year 12 Financial Statement data for a footwear company: Year 12 Income Statement Data (in 000) Net Revenues from Footwear Sales
2. Given the following Year 12 Financial Statement data for a footwear company: Year 12 Income Statement Data (in 000) Net Revenues from Footwear Sales 350,000 Operating Profit (Loss) 100,000 Net Profit (Loss) 63,000 Balance Sheet Data Cash on Hand 10.000 Total Current Assets 70,000 Total Assets 313,000 Overdraft Loan Payable 5,000 1-Year Bank Loan Payable 10,000 Current Portion of Long-term Loans 17,000 Total Current Liabilities 48,0001 L-T Bank Loans Outstanding 90,000 Year 11 Year 12 Year 12 Shareholder Equity: Balance Change Balance Common Stock 10,000 0 10,000 Additional Capital 123,000 0 123,000 Retained Earnings 29,000 13,000 42,000 Total Shareholder 162,000 +13,000 175,000 Equity Other Financial Data Depreciation 11,650 Dividend Payments 15,000 Based on the above figures, the company's "cash flow from operations" in Year 12 was A $63,000 B. ($3,350) C. $59,650 D. $38,500 E. $74,650 3. Assume a company has 20 million shares of stock outstanding and that its Income Statement for Year 12 is as follows: Year 12 Income Statement Data (in 000s) Net Revenues from Footwear Sales $ 360,000 Cost of Pairs Sold 200,000 Warehouse Expenses 16,000 Marketing Expenses 52,000 Administrative Expenses 8,000 Operating Profit (Loss) 84,000 Interest Income (expenses) (14,000) Pre-tax Profit (Loss) 70,000 Income Taxes 21,000 Net Profit (Loss) $ 49,000 Based on the above income statement data, the company's net profit margin and EPS are A 13.6% and $2.45. B. 17.2% and $5.40. C. 23.3% and $7.00. D. 19.4% and $5.83. E. 23.3% and $4.08
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