Question 14

Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales $ 530,000 Cost of Pairs Sold 340,000 Warehouse Expenses 40,000 Marketing Expenses 80,000 Administrative Expenses 15,000 Operating Profit (Loss) 55,000 Interest Income (Expense) (10,000) Pre-tax Profit (Loss) 45,000 Income Taxes 13,500 Net Profit Loss $ 31,500 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the company's operating profit margin and EPS were .5. 5.94% and $1.55. .5 10.33% and $1.58. .5 10.4% and $2.75. .5 8.49% and $2.25. .5 6.67% and $1.54