Income Statement for Xenon Manufacturing: Selling, general,
Earnings before interest
Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 20 million shares outstanding, what is its EPS in 2008?
A) $0.50
B) $0.25
C) $0.40
D) $0.60

Question

Income Statement for Xenon Manufacturing:  Selling, general,
 Earnings before interest
 Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 20 million shares outstanding, what is its EPS in 2008?
A) $0.50 
B) $0.25 
C) $0.40 
D) $0.60

Quizplus · Accepted Answer

A) EPS = Net income / Shares outstanding = $10 million / 20 million shares = $0.50 per share

Income Statement for Xenon Manufacturing: Selling, General