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If Xenon Manufacturing has 20 million shares outstanding, what is its EPS in 2018? Income Statement for Xenon Manufacturing: 2018 2019 Total sales 202 212
If Xenon Manufacturing has 20 million shares outstanding, what is its EPS in 2018?
Income Statement for Xenon Manufacturing:
2018 2019
Total sales 202 212
Cost of sales -148 -172
Gross Profit 54 40
Selling, general,
and administrative expenses -22 -20
Research and development -8 -7
Depreciation and amortization -4 -3
Other income 4 6
Earnings before interest
and taxes (EBIT) 24 16
Interest income (expense) -7 -4
Pretax income 14 12
Taxes -4 -3
Net Income 10 9
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