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Income Statement for Xenon Manufacturing: 2008 202 - 148 54 2009 212 - 172 40 Total sales Cost of sales Gross Profit Selling, general, and
Income Statement for Xenon Manufacturing: 2008 202 - 148 54 2009 212 - 172 40 Total sales Cost of sales Gross Profit Selling, general, and administrative expenses Research and development Depreciation and amortization Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net Income - 22 -8 - 4 4. - 20 - 7 -3 6 24 -7. 16 -4 14 12 -4 10 - 3 9 Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 26 million shares outstanding, what is its EPS in 2008? A. $0.19 B. $0.46 C. $0.39 D. $0.31
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