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Business, 15.07.2020 19:01 gretchcampbell

Income Statement for Xenon Manufacturing: 2008 2009 Total sales 202 212 Cost of sales minus148 minus172 Gross Profit 54 40 Selling, general, and administrative expenses minus22 minus20 Research and development minus8 minus7 Depreciation and amortization minus4 minus3 Other income 4 6 Earnings before interest and taxes (EBIT) 24 16 Interest income (expense) minus7 minus4 Pretax income 14 12 Taxes minus4 minus3 Net Income 10 9 Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 30 million shares outstanding, what is its EPS in 2009?

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Income Statement for Xenon Manufacturing: 2008 2009 Total sales 202 212 Cost of sales minus148 minus...
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