Estimate operating profit margin and eps

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Reference no: EM13100223

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 $ 330,000
Cost of Pairs Sold 240,000
Warehouse Expenses 15,000
Marketing Expenses 35,000
Administrative Expenses 8,000
Operating Profit (Loss) 32,000
Interest Income (expenses) (10,000)
Pre-tax Profit (Loss) 22,000
Income Taxes 6,600
Net Profit (Loss) $ 15,400

Based on the above income statement data, the company's operating profit margin and EPS are

None of the above.

9.70% and $1.54.

6.67% and $1.54.

9.70% and $3.20.

9.70% and $2.20.

Reference no: EM13100223

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