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Luther Corporation Consolidated Income Statement Year ended December 31 (in Smillions) 2006 610.1 (500.2) 109.9 2005 579.6 (362.8) 216.8 Total sales Cost of sales Gross
Luther Corporation Consolidated Income Statement Year ended December 31 (in Smillions) 2006 610.1 (500.2) 109.9 2005 579.6 (362.8) 216.8 Total sales Cost of sales Gross profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating income (40,5) (24.6) (3.6) 412 (35.1) (236) (3.7) 154.4 O A. $316.20 million OB $126.50 million C. $189.70 million OD. $158.10 million 41.2 154.4 Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income 41.2 (25.1) 16.1 (5.5) 10.6 154.4 (14.9) 139.5 (48.825) 90.675 Price per share Sharing outstanding (millions) Stock options outstanding (millions) $16 10.2 0.3 $15 8.0 0.2 Stockholders' Equity Total liabilities and Stockholdere! Fruit 126.6 5331 63.6 2867 O A. $316.20 million B. $126.50 million C. $189.70 million D. $158.10 million LORERHOGIRDAS L} Interest income (expense) Protax income Taxes Not income (25.1) 16.1 (5.5) 10.6 (149) 139.5 (48.825) 90.675 Price per share $16 $15 Sharing outstanding (millions) 10.2 80 Stock options outstanding (millions) 0.3 0.2 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 Refer to the income statement above. Luther's earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year ending December 31, 2005 is closest to OA $316.20 million OB $126.50 million OC. $189.70 million OD $158.10 million
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