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Assume a company has 10 million shares of stock outstanding and that its Income Statement for Year 12 is as follows: Income Statement Data Year

Assume a company has 10 million shares of stock outstanding and that its Income Statement for Year 12 is as follows:

Income Statement Data Year 12 (in 000s)
Net Revenues from Footwear Sales $ 300,000
Cost of Pairs Sold 190,000
Warehouse Expenses 15,000
Marketing Expenses 40,000
Administrative Expenses 8,000
Operating Profit (Loss) 47,000
Interest Income (expenses) (10,000)
Pre-tax Profit (Loss) 37,000
Income Taxes 11,100
Net Profit (Loss) $ 25,900

Based on the above income statement data, the company's net profit margin and EPS are
image text in transcribed image text in transcribed 15.7% and $4.70.
image text in transcribed image text in transcribed 12.3% and $2.59.
image text in transcribed image text in transcribed 12.3% and $3.70.
image text in transcribed image text in transcribed 8.6% and $2.59.
image text in transcribed image text in transcribed 15.7% and $2.59.

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