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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: Year 12 in 000s
Assume a company has 10 million shares of stock outstanding and that its Income Statement for Year 12 is as follows: Year 12 in 000s Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (expenses) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss $280,000 150,000 15,000 35,000 8,000 72,000 (10,000) 62,000 18,600 S 43,400 Based on the above income statement data, the company's operating profit margin and EPS are 27.5% and $4.34 O 25.7% and $7.20 25.7% and $4.34 18.8% and $4.34 22.1% and $7.20
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