Income Statement for CharmCorp: 2008 2009 Total sales 600 540 Cost of sales - 532 -488 52 Gross Profit 68 Selling, general, and administrative expenses Research and development Depreciation and...

Income Statement for CharmCorp:<br>2008<br>2009<br>Total sales<br>600<br>540<br>Cost of sales<br>- 532<br>-488<br>52<br>Gross Profit<br>68<br>Selling, general,<br>and administrative expenses<br>Research and development<br>Depreciation and amortization<br>Operating Income<br>Other income<br>Earnings before interest<br>and taxes (EBIT)<br>-36<br>-21<br>- 4<br>- 5<br>- 5<br>- 5<br>23<br>21<br>1.<br>24<br>26<br>Interest income (ovnensel<br>-7<br>- 7<br>O A. $1.87<br>O B. $1.56<br>O C. $1.24<br>O D. $0.78<br>

Extracted text: Income Statement for CharmCorp: 2008 2009 Total sales 600 540 Cost of sales - 532 -488 52 Gross Profit 68 Selling, general, and administrative expenses Research and development Depreciation and amortization Operating Income Other income Earnings before interest and taxes (EBIT) -36 -21 - 4 - 5 - 5 - 5 23 21 1. 24 26 Interest income (ovnensel -7 - 7 O A. $1.87 O B. $1.56 O C. $1.24 O D. $0.78

- 36<br>- 21<br>and administrative expenses<br>Research and development<br>Depreciation and amortization<br>Operating Income<br>Other income<br>Earnings before interest<br>and taxes (EBIT)<br>Interest income (expense)_<br>Pretax income<br>- 4<br>- 5<br>- 5<br>-5<br>23<br>21<br>1.<br>24<br>26<br>- 7<br>14<br>19<br>- 4<br>- 5<br>Taxes<br>Net Income<br>10<br>14<br>Consider the above Income Statement for CharmCorp. All values are in millions of dollars. If CharmCorp. has 7 million shares outstanding, and its managers and employees have stock options<br>for 2 million shares, what is its diluted EPS in 2009?<br>A. $1.87<br>B. $1.56<br>C. $1.24<br>D. $0.78<br>

Extracted text: - 36 - 21 and administrative expenses Research and development Depreciation and amortization Operating Income Other income Earnings before interest and taxes (EBIT) Interest income (expense)_ Pretax income - 4 - 5 - 5 -5 23 21 1. 24 26 - 7 14 19 - 4 - 5 Taxes Net Income 10 14 Consider the above Income Statement for CharmCorp. All values are in millions of dollars. If CharmCorp. has 7 million shares outstanding, and its managers and employees have stock options for 2 million shares, what is its diluted EPS in 2009? A. $1.87 B. $1.56 C. $1.24 D. $0.78

Jun 06, 2022

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Income Statement for CharmCorp: 2008 2009 Total sales 600 540 Cost of sales - 532 -488 52 Gross Profit 68 Selling, general, and administrative expenses Research and development Depreciation and...

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