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hurry Consolidated Income Statement Year ended December 31 (in $ millions) 2019 Time 2018 Total sales 610.1 578.3 (500.2) 109.9 (481.9) 96.4 (40.5) (246) (3.6)
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Consolidated Income Statement Year ended December 31 (in $ millions) 2019 Time 2018 Total sales 610.1 578.3 (500.2) 109.9 (481.9) 96.4 (40.5) (246) (3.6) 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) Pretax income (39.0) (22.8) (3.3) 41.2 31.3 41.2 31.3 (25.1) 16.1 (5.5) (15.8) 15.5 Taxes (5.3) Net income 10.6 10.2 $16 $15 Price per share Shares outstanding (millions) Stock options outstanding (millions) 10.2 8.0 0.3 0.2 63.6 Shareholders' Equity 126.6 Total Liabilities and Shareholders' Equity 533.1 386.7 Old Liabilities and Shareholders' Equity 533.1 386.7 Refer to the income statement above. Return on assets (ROA) for the year ending December 31, 2019 is closest to Select one O a 6.5% Ob 32.5% Oc2.0% od 12.79 e. 8.496 Step by Step Solution
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