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2016 604.1 (293.4) 310.7 (120.8) (78.5) (38.6) 72.8 (39.4) 33.4 (8.4) 25.0 55 $0.45 2016 2012-2016 Financial Statement Data and Stock Price Data for Mydeco
2016 604.1 (293.4) 310.7 (120.8) (78.5) (38.6) 72.8 (39.4) 33.4 (8.4) 25.0 55 $0.45 2016 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2012 2013 2014 2015 Revenue 404.3 363.8 424.6 510.7 Cost of Goods Sold (188.3) (173.8) (206.2) (246.8) Gross Profit 216.0 190.0 218.4 263.9 Sales and Marketing IS (66.7) (66.4) (82.8) (102.1) Administration (60.6) (59.1) (59.4) (66.4) Depreciation & Amortization (27.3) (27.0) (34.3) (38.4) EBIT 61.4 37.5 41.9 57.0 Interest Income (Expense) (33.7) (32.9) (32.2) (37.4) Pretax Income 27.7 4.6 9.7 19.6 Income Tax (6.9) (1.2) (2.4) (4.9) Net Income 20.8 3.4 7.3 14.7 Shares Outstanding (millions) 55 55 55 55 Earnings per Share $0.38 $0.06 $0.13 $0.27 Balance Sheet 2012 2013 2014 2015 Assets Cash 48.8 69.3 87.7 80.9 Accounts Receivable 88.6 69.8 69.8 76.9 Inventory 33.7 30.9 28.4 31.7 Total Current Assets 171.1 170.0 185.9 189.5 Net Property, Plant & Equipment 245.3 243.3 309.0 345.6 Goodwill & Intangibles 361.7 361.7 361.7 361.7 Total Assets 778.1 775.0 856.6 896.8 Liabilities & Stockholders' Equity Accounts Payable 18.7 17.9 22.0 26.8 Accrued Compensation 6.7 6.4 7.0 8.1 Total Current Liabilities 25.4 24.3 29.0 34.9 Long-Term Debt 500.0 500.0 575.0 600.0 Total Liabilities 525.4 524.3 604.0 634.9 Stockholders' Equity 252.7 250.7 252.6 261.9 Total Liabilities & Stockholders' 778.1 775.0 856.6 896.8 Equity Statement of Cash Flows 2012 2013 2014 2015 Net Income 20.8 3.4 7.3 14.7 Depreciation & Amortization 27.3 27.0 34.3 38.4 Change in Accounts Receivable 3.9 18.8 0.0 (7.1) Change in Inventory (2.9) 2.8 2.5 (3.3) Change in Pay. & Accrued Comp. 2.2 (1.1) 4.7 5.9 Cash from Operations 51.3 50.9 48.8 48.6 Capital Expenditures (25.0) (25.0) (100.0) (75.0) Cash from Investing Activ. (25.0) (25.0) (100.0) (75.0) Dividends Paid (5.4) (5.4) (5.4) (5.4) Sale (or Purchase) of Stock Debt Issuance (Pay Down) 75.0 25.0 Cash from Financing Activ. (5.4) (5.4) 69.6 19.6 Change in Cash 20.9 20.5 18.4 (6.8) Mydeco Stock Price $7.92 $3.30 $5.25 $8.71 91.7 86.1 35.3 213.1 347.0 361.7 921.8 31.7 9.7 41.4 600.0 641.4 280.4 921.8 2016 25.0 38.6 (9.2) (3.6) 6.5 57.3 (40.0) (40.0) (6.5) (6.5) 10.8 $10.89 500.0 500.0 575.0 600.0 600.0 Calculate the new EPS for 2013-2016 below: (Round dollar amounts and number of shares to one decimal place. Round percenta 2013 2015 2016 2014 424.6 5.14 % 363.8 5.14% 510.7 604.1 5.14 % 5.14 % Year Revenue (millions) Net Profit Margin New Net Income (millions) Shares Outstanding (millions) New EPS 18.7 21.8 26.2 $ 31.1 55.0 55.0 55.0 55.0 0.34 0.40 0.48 0.57 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 2013-2016 as they were in 2012. What would Mydeco's EPS have been each year in this case
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