ncome Statement for Xenon Manufacturing:

	2008	2009
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

Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has

23

million shares outstanding, what is its EPS in

2009?