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20. help See Table 2.5 E showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the

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See Table 2.5 E showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same fraction of revenues in 2016-2019 as they were in 2015. What would Mydeco's EPS have been each year in this case? Calculate the new EPS for 2016-2019 below: (Round dollar amounts and number of shares to one decimal place Round percentage amount and the EPS to two decimal places.) 11 Year 2016 % Revenue (millions) Net Profit Margin New Net Income (millions) Shares Outstanding (millions) New EPS A $ 2019 6022 (290.1) 312.1 (121.1) (80.5) (378) 72.7 (38.9) 33.8 (11.8) 22.0 53.2 $0.41 2019 53.2 2015 2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2015 2016 2017 2018 Revenue 406.6 365.4 428.2 510.7 Cost of Goods Sold (1877) (1741) (206.6) (245.6) Gross Profit 218.9 1913 221.6 265.1 Sales and Marketing (66.7) (676) (82.5) (96.5) Administration (61.9) (60.1) (57.7) (66.0) Depreciation & Amortization (28.2) (27.9) (341) (39.6) EBIT 62.1 35.7 47.3 63.0 Interest Income (Expense) (32.7) (31.0) (33.8) (38.6) Pretax Income 29.4 4.7 13.5 24.4 Income Tax (10.3) (1.6) (8.5) Net Income 19.1 3.1 8.8 15.9 Shares Outstanding (millions) 53.2 53.2 53.2 Earnings per Share $0.36 $0.06 $0.17 $0.30 Balance Shoot 2015 2016 2017 2018 Assets Cash 50.3 65.4 93,9 86.2 Accounts Receivable 88.7 71.1 68.2 78.6 Inventory 33.7 31.9 29.3 30.6 Total Current Assets 172.7 168.4 191.4 195.4 Net Property. Plant & Equipment 246.2 239.3 309.3 349.3 Goodwill & Intangibles 366.2 366.2 366.2 366.2 Total Assets 785.1 773.9 866.9 910.9 Liabilities & Stockholders' Equity Accounts Payable 20.2 17.1 22.4 28.2 Accrued Compensation 7.4 6.6 6.8 8.2 Total Current Liabilities 27.6 23.7 29.2 34.4 Long-Term Debt 501.8 501.8 578.4 600.0 Total Liabilities 529.4 525.5 6056 634.4 Stockholders' Equity 255.7 248.4 261.3 276.5 Total Liabilities & Stockholders' Equity 785.1 773.9 866.9 9109 Statement of Cash Flows 2015 2016 2017 2018 Net Income 19.1 3.1 8.8 15.9 Depreciation & Amortization 28.2 27,9 34.1 39.6 Change in Accounts Receivable 3.9 17.6 29 (10.4) Change in Inventory (2.9) 1.8 Change in Pay 8 Accrued Comp. 2.3 (3.0) 5.5 5.2 Cash from Operations 50.6 46,5 53.9 49.0 Capital Expenditures (270) (268) (954) (757) Cash from Investing Activ (270) (268) (954) Dividends Pald (757) (4.6) (46) (4.6) Sale (or Purchase) of Stock Debt Issuance (Pay Down) 74.6 Cash from Financing Activ (4.6) 4.6) 70.0 190 Change in Cash 190 15.1 285 Mydeco Stock Price $7.94 $2.42 55 35 58 29 91.1 86.8 36.2 214.1 3423 3662 922.6 298 10.3 40:1 600.0 640.1 2825 9226 2019 22.0 37.8 (8.2) (5.6) 5.7 51.7 (412) (412) (56) (13) 230 (5.6) 49 59.89 day

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