Question
Alexus Corporation Income Statement Year Ended December 31, 2012 ($ millions) Net sales373.4 Cost of sales(306.8) Gross profit66.6 Selling, general, administrative expenses(27.8) Research and development(18.4)
Alexus Corporation Income Statement
Year Ended December 31, 2012 ($ millions)
Net sales373.4
Cost of sales(306.8)
Gross profit66.6
Selling, general, administrative expenses(27.8)
Research and development(18.4)
Depreciation and amortization(2.8)
Operating income17.6
Other income----
Earnings Before Interest and Taxes (EBIT)17.6
Interest income (expense)(12.5)
Pretax Income5.1
Taxes(1.5)
Net Income3.6
Shares outstanding (millions)10
Stock options outstanding (millions)0.3
Based on the above income statement, the company's diluted earnings per share is closest to?
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