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Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 2005 Total sales 610.1 564.9 Cost of sales -500.2 -360.5 Gross profit 109.9

Luther Corporation

Consolidated Income Statement

Year ended December 31 (in $millions)

2006

2005

Total sales

610.1

564.9

Cost of sales

-500.2

-360.5

Gross profit

109.9

204.4

Selling, general, and

administrative expenses

-40.5

-40.5

Research and development

-24.6

-23.5

Depreciation and amortization

-3.6

-3.4

Operating income

41.2

137

Other income

--

--

Earnings before interest and taxes (EBIT)

41.2

137

Interest income (expense)

-25.1

-14.3

Pretax income

16.1

122.7

Taxes

-5.5

-42.945

Net income

10.6

79.755

Price per share

$13

$11

Shares outstanding (millions)

10.2

8.0

Stockholders' Equity

126.6

63.6

Total Liabilities and Stockholders' Equity

533.1

386.7

Fill in the blanks:

Luther's return on assets ______________ by _____________ percent from 2005 to 2006.

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