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Income Statement: 2009 212 -172 40 2008 Total sales 202 Cost of sales -148 Gross Profit 54 Selling, general, and administrative expenses -22 Research and

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Income Statement: 2009 212 -172 40 2008 Total sales 202 Cost of sales -148 Gross Profit 54 Selling, general, and administrative expenses -22 Research and development -8 Depreciation and amortization - 4 Other income 4. Earnings before interest and taxes (EBIT) 24 Interest income (expense) Pretax income 14 Taxes -4 Net Income 10 -20 -7 -3 6 16 -4 12 -3 9 Consider the above Income Statement. All values are in millions of dollars. If the company has 10 million shares outstanding, what is its EPS in 2008

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