QUESTION 10 2005 562.8 -380.8 182 Luther Corporation Consolidated Income Statement Year ended December 31 (In $millions) 2006 Total sales 610.1 Cost of sales -500.2 Gross profit 109.9 Selling general, and administrative expenses -40.5 Research and development -24.6 Depreciation and amortization -3.6 Operating income 41:2 Other income Earnings before interest and taxes (EBIT) 41.2 Interest income (expense) -25.1 Pretax income 16.1 Taxes -5.5 Net Income 10.6 40.7 -23.4 -3.3 114,6 114,6 -14.1 100.5 355175 65.325 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 Stockholders' Equity 126.6 533.1 63.6 386.7 Refer to the income statement above. Luther's operating margin for the year ending December 31, 2006 is closest to O 16.29% O 24.43% O 6.75% O 20.36%