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h See Table 2.5 5 showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same

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See Table 2.5 5 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 2016-2019 as they were in 2015. What would Mydeco's EPS have been each year in this case? . Calculate the new EPS for 2016-2019 below. (Round dollar amounts and number of shares to one decimal place. Round percentage amount and the EPS to two decimal places.) 2017 2018 2019 606.1 $ 2016 366.9 2.4 % $ $ 509.6 Year Revenue (millions) Net Profit Margin New Net Income (millions) Shares Outstanding (millions) $ 424.6 6.6 % 11.4 % 27.3 % $ $ $ New EPS $ $ $ $ 2019 606.1 (290.8) 315.3 (116.2) (78.5) (37.8) 82.8 (40.8) 42.0 (14.7) 27.3 53.4 $0.51 2019 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2015 2016 2017 2018 Revenue 407.5 366.9 424.6 509.6 Cost of Goods Sold (1928) (176.5) (207.0) (245.3) Gross Profit 214.7 190.4 217.6 264.3 Sales and Marketing (67.9) (66.9) (81.0) (102.2) Administration (61.3) (59.4) (60.8) (68.0) Depreciation & Amortization (28.2) (26.9) (33.2) (37.9) EBIT 57.3 37.2 42.6 56.2 Interest Income (Expense) (33.9) (33.5) (32.4) (38.6) Pretax Income 23.4 3.7 10.2 17.6 Income Tax (8.2) (1.3) (3.6) (6.2) Net Income 15.2 2.4 6.6 11.4 Shares Outstanding (millions) 53.4 53.4 53.4 53.4 Earnings per Share $0.28 $0.04 $0.12 $0.21 Balance Sheet 2015 2016 2017 2018 Assets Cash 50.5 67.0 86.4 82.6 Accounts Receivable 87.3 71.3 69.8 77.6 Inventory 35.4 30.1 30.3 29.8 Total Current Assets 173.2 168.4 186.5 190.0 Net Property, Plant & Equipment 242.6 247.8 305.4 346.8 Goodwill & Intangibles 357.6 357.6 357.6 357.6 Total Assets 773.4 773.8 849.5 894.4 Liabilities & Stockholders' Equity Accounts Payable 20.5 16.1 21.2 27.2 Accrued Compensation 6.8 6.6 6.5 8.6 Total Current Liabilities 27.3 22.7 27.7 35,8 Long-Term Debt 496.1 496.1 572.9 599.2 Total Liabilities 523.4 518.8 600.6 635.0 Stockholders' Equity 250.0 255.0 248.9 259.4 Total Liabilities & Stockholders' 773.4 773.8 849.5 894.4 Equity Statement of Cash Flows 2015 2016 2017 2018 Net Income 15.2 2.4 6.6 11.4 Depreciation & Amortization 28.2 26.9 33.2 37.9 Change in Accounts Receivable 3.9 16.0 1.5 (7.8) Change in Inventory (2.9) 5.3 (0.2) 0.5 Change in Pay. & Accrued Comp. 2.7 (4.6) 5.0 8.1 Cash from Operations 47.1 46.0 46.1 50.1 Capital Expenditures (26.2) (23.9) (97.9) (74.6) Cash from Investing Activ. (26.2) (23.9) (97.9) (74.6) Dividends Paid (5.6) (5.6) (5.6) (5.6) Sale (or Purchase) of Stock Debt Issuance (Pay Down) 76.8 26.3 Cash from Financing Activ. (5.6) (5.6) 71.2 20.7 Change in Cash 15.3 16.5 19.4 (3.8) Mydeco Stock Price $7.67 $2.93 $4.25 $7.95 89.4 87.3 36.4 213.1 350.1 357.6 920.8 32.9 9.5 42.4 599.2 641.6 279.2 920.8 2019 27.3 37.8 (9.7) (6.6) 6.6 55.4 (41.7) (41.7) (6.9) (6.9) 6.8 $10.83

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