Income Statement DataYear 12
(in 000s)
Net Revenues from Footwear Sales$ 560,000
Cost of Pairs Sold340,000
Warehouse Expenses45,000
Marketing Expenses85,000
Administrative Expenses15,000
Operating Profit (Loss)75,000
Interest Income (Expense)(25,000)
Pre-tax Profit (Loss)50,000
Income Taxes15,000
Net Profit (Loss)$ 35,000
Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, the company’s operating profit margin and EPS were
Jos Simulation Answered question March 28, 2025
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