Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the year ending December 31, 2009, Orwet's earnings per share is closest to: Year ended December 31 (in millions) 2009 2008 Total sales 650.1

image text in transcribedFor the year ending December 31, 2009, Orwet's earnings per share is closest to:

Year ended December 31 (in millions) 2009 2008 Total sales 650.1 578.3 (500-2) (481.9) 96.4 149.9 Cost of sales Gross profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating income Other income Earnings before interest and taxes (EBIT) Interest income expense) (40.5) (27.6) (6.6) 75.2 (39.0) (22.8) (3.3) 31.3 75.2 31.3 (30.1) (15.8) Pre-tax income 45.1 15.5 Taxes (13.5) 31.6 (5.3) 10.2 Net income $27 $15 Price per share Shares outstanding (millions) Stock options outstanding (millions) 10.0 8.0 0.4 0.2 136.6 63.6 Stockholders' Equity Total Liabilities and Stockholders' Equity 555.1 386.7

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Management

Authors: Jeff Madura

11th Edition

0538482966, 9780538482967

More Books

Students also viewed these Finance questions