Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Year 12 (in 000s) $ 600,000 370,000 55,000 100,000 15,000 60,000 (12,000) 48,000 14,400 $33,600 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 5.60% and $3.00. 10.0% and $1.68. 8.0% and $2.40. 11.7% and $1.68. 10.0% and $3.00.
Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) Year 12 (in 000s) $ 600,000 370,000 55,000 100,000 15,000 60,000 (12,000) 48,000 14,400 $33,600 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 5.60% and $3.00. 10.0% and $1.68. 8.0% and $2.40. 11.7% and $1.68. 10.0% and $3.00.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Assume a company's Income Statement for Year 12 is as follows:
Income Statement Data
Net Revenues from Footwear Sales
Cost of Pairs Sold
Warehouse Expenses
Marketing Expenses
Administrative Expenses
Operating Profit (Loss)
Interest Income (Expense)
Pre-tax Profit (Loss)
Income Taxes
Net Profit (Loss)
Year 12
(in 000s)
$ 600,000
370,000
55,000
100,000
15,000
60,000
(12,000)
48,000
14,400
$33,600
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
5.60% and $3.00.
10.0% and $1.68.
8.0% and $2.40.
11.7% and $1.68.
10.0% and $3.00.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06ea7b6d-2e5b-474d-91b3-ffa8d7b85473%2F76bd35c3-76ce-421b-ab90-5b0ba23718d3%2Fgp4l26b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assume a company's Income Statement for Year 12 is as follows:
Income Statement Data
Net Revenues from Footwear Sales
Cost of Pairs Sold
Warehouse Expenses
Marketing Expenses
Administrative Expenses
Operating Profit (Loss)
Interest Income (Expense)
Pre-tax Profit (Loss)
Income Taxes
Net Profit (Loss)
Year 12
(in 000s)
$ 600,000
370,000
55,000
100,000
15,000
60,000
(12,000)
48,000
14,400
$33,600
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
5.60% and $3.00.
10.0% and $1.68.
8.0% and $2.40.
11.7% and $1.68.
10.0% and $3.00.
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