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Refer to the income statement above. Luther's operating margin for the year ending December 31, 2005 is closest to: A. 11.19% B. 17.91% OC. 22.39%
Refer to the income statement above. Luther's operating margin for the year ending December 31, 2005 is closest to: A. 11.19% B. 17.91% OC. 22.39% OD. 26.86% Income Statement for Xenon Manufacturing: 2008 2009 Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 610.1 (500.2) 109.9 2005 578.9 (384.4) 194.5 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) 41.2 (40.6) (20.6) (3.7) 129.6 Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net income 41.2 (25.1) 16.1 (5.5) 10.6 129.6 (15.7) 113.9 (39.865) 74.035 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
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