Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $millions)
...
Business, 12.08.2020 08:01, Starzdaze5572
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $millions)
2006 2005
Total sales 610.1 578.8
Cost of sales (500.2) (355.3)
Gross profit 109.9 223.5
Selling, general, and
administrative expenses (40.5) (38.7)
Research and development (24.6) (21.8)
Depreciation and amortization (3.6) (3.9)
Operating income 41.2 159.1
Other income ββ ββ
Earnings before interest and taxes (EBIT) 41.2 159.1
Interest income (expense) (25.1) (15.3)
Pretax income 16.1 143.8
Taxes (5.5) (50.33)
Net income 10.6 93.47
Price per share $16 $15
Sharing outstanding (millions) 10.2 8.0
Stock options outstanding (millions) 0.3 0.2
Stockholders' Equity 126.6 63.6
Total Liabilities and Stockholders' Equity 533.1 386.7
Refer to the income statement above. Luther's operating margin for the year ending December 31, 2005 is closest to:.
A. 13.7413.74%
B. 21.9921.99%
C. 27.4927.49%
D. 32.9932.99%
Answers: 2
Business, 21.06.2019 21:20, HannyBun
Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.
Answers: 2
Business, 22.06.2019 08:40, alvalynnw
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
Business, 22.06.2019 15:00, samanthamunevar7218
Which of the following is least likely to a team solve problems together
Answers: 1
Social Studies, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30
Mathematics, 16.07.2019 08:30