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if the corporatuib has 28 million shares outstanding what is its EPS in 2018? QUESTION 8 12 points Save Use the following income Statement and

if the corporatuib has 28 million shares outstanding what is its EPS in 2018? image text in transcribed
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QUESTION 8 12 points Save Use the following income Statement and Balance Sheet Information for 2018 to answer the question below. This is a Retail Company. All numbers are in Millions. Income Statement Total Sales Cost of Sales Gross Profit 232.4 159.8 232,4-159.8 19 8.8 Seling and Administrative Expenses Research and Development Depreciation and Amortization Other Income EBIT Interest Expense Pretax Income 2 3.4 2324-159.8-19-8.8.2-3.4 6.4 232.4.159.8-19-8.8-2.3.4 6.4 (232.4-159.8 19.8.8. 23.4-6.4)*0.30 (232.4.159,8-19-8.8 2-3,4-6,4)*0.70 Taxes Net Income Balance Sheet Assets Cash 66 4 Liabilities Accounts Payable Notes Payable/Short 47.9 AN Balance Sheet Assets Cash 66.4 47.9 Liabilities Accounts Payable Notes Payable/Short term debt 1.7 Accounts Receivable 40.4 Inventories 5.9 Total Current Assets 66.4+40.4+5.9 Total Current Liabilities 47.9+1.7 89.5 Net property, plant 100.6 and equipment Total long-term assets 100.6 89.5 Long-term debt Total long-term debt liabilities Total Liabilities Stockholders' Equity (Total Equity) Total Liabilities and Stockholders' Equity 47.9+1.7+89.5 66.4+ 40,4+5.9+100.6-47.9-1.7- 89.5 47.9+1.7+89.5+ 66.4+ 40,4+5.9+100.6-47.9-1.7. 89.5 Total Assets 66.4+40.4+5.9+100.6 If the corporation has 28 million shares outstanding, what is its EPS in 2018? NOTE: Use the numbers as is. Use four decimals for your answers

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