Assume a company has 10 million shares of stock outstanding and that its Income Statement for Year 12 is as follows:
Income Statement Data | Year 12 (in 000s) |
---|---|
Net Revenues from Footwear Sales | $ 280,000 |
Cost of Pairs Sold | 150,000 |
Warehouse Expenses | 15,000 |
Marketing Expenses | 35,000 |
Administrative Expenses | 8,000 |
Operating Profit (Loss) | 72,000 |
Interest Income (expenses) | (10,000) |
Pre-tax Profit (Loss) | 62,000 |
Income Taxes | 18,600 |
Net Profit (Loss) | $43,400 |
Based on the above income statement data, the company’s operating profit margin and EPS are (select one):
- 18.8% and $4.34
- 25.7% and $4.34
- 22.1% and $7.20
- 25.7% and $7.20
- 27.5% and $4.34