Showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had
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Question:
Showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same fraction of revenues in as they were in . What would Mydeco's EPS have been each year in this case?
Calculate the new EPS for
2016-2019
below:(Round dollar amounts and number of shares to one decimal place. Round percentage amount and the EPS to two decimal places.)
Year | 2016 | ||
Revenue (millions) | $ | ||
Net Profit Margin | % | ||
New Net Income (millions) | $ | ||
Shares Outstanding (millions) | |||
New EPS | $ |
Year | 2017 | ||
Revenue (millions) | $ | ||
Net Profit Margin | % | ||
New Net Income (millions) | $ | ||
Shares Outstanding (millions) | |||
New EPS | $ |
Year | 2018 | ||
Revenue (millions) | $ | ||
Net Profit Margin | % | ||
New Net Income (millions) | $ | ||
Shares Outstanding (millions) | |||
New EPS | $ |
Year | 2019 | ||
Revenue (millions) | $ | ||
Net Profit Margin | % | ||
New Net Income (millions) | $ | ||
Shares Outstanding (millions) | |||
New EPS | $ |
Income Statement | 2015 | 2016 | 2017 | 2018 | 2019 |
Revenue | 405.4 | 364.7 | 420.5 | 509.7 | 607.6 |
Cost of Goods Sold | (183.9) | (172.2) | (209.3) | (245.1) | (297.7) |
Gross Profit | 221.5 | 192.5 | 211.2 | 264.6 | 309.9 |
Sales and Marketing | (66.2) | (65.8) | (82.2) | (105.6) | (119.2) |
Administration | (61.6) | (60.2) | (58.8) | (64.8) | (77.7) |
Depreciation & Amortization | (27.9) | (28.8) | (34.9) | (40.1) | (36.8) |
EBIT | 65.8 | 37.7 | 35.3 | 54.1 | 76.2 |
Interest Income (Expense) | (33.5) | (31.4) | (31.1) | (38.9) | (37.9) |
Pretax Income | 32.3 | 6.3 | 4.2 | 15.2 | 38.3 |
Income Tax | (11.3) | (2.2) | (1.5) | (5.3) | (13.4) |
Net Income | 21 | 4.1 | 2.7 | 9.9 | 24.9 |
Shares Outstanding (millions) | 54.4 | 54.4 | 54.4 | 54.4 | 54.4 |
Earnings per Share | $0.39 | $0.08 | $0.05 | $0.18 | $0.46 |
Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 |
Assets | |||||
Cash | 50.1 | 71.2 | 87.2 | 75.8 | 80.5 |
Accounts Receivable | 87.6 | 70.9 | 69.2 | 75.5 | 87.4 |
Inventory | 31.9 | 30.3 | 26.7 | 29.9 | 36.6 |
Total Current Assets | 169.6 | 172.4 | 183.1 | 181.2 | 204.5 |
Net Property, Plant & Equip. | 246.2 | 247.9 | 307.2 | 347.2 | 343.9 |
Goodwill & Intangibles | 362.9 | 362.9 | 362.9 | 362.9 | 362.9 |
Total Assets | 778.7 | 783.2 | 853.2 | 891.3 | 911.3 |
Liabilities & Stockholders' Equity | |||||
Accounts Payable | 18.1 | 15.9 | 22.2 | 25.3 | 31.5 |
Accrued Compensation | 6.8 | 7.2 | 7.5 | 7.3 | 8.7 |
Total Current Liabilities | 24.9 | 23.1 | 29.7 | 32.6 | 40.2 |
Long-term Debt | 495.7 | 495.7 | 571.5 | 598.4 | 598.4 |
Total Liabilities | 520.6 | 518.8 | 601.2 | 631 | 638.6 |
Stockholders' Equity | 258.1 | 264.4 | 252 | 260.3 | 272.7 |
Total Liabilities & Stockholders' Equity | 778.7 | 783.2 | 853.2 | 891.3 | 911.3 |
Statement of Cash Flows | 2015 | 2016 | 2017 | 2018 | 2019 |
Net Income | 21 | 4.1 | 2.7 | 9.9 | 24.9 |
Depreciation & Amortization | 27.9 | 28.8 | 34.9 | 40.1 | 36.8 |
Chg. in Accounts Receivable | 3.9 | 16.7 | 1.7 | (6.3) | (11.9) |
Chg. in Inventory | (2.9) | 1.6 | 3.6 | (3.2) | (6.7) |
Chg. in Payables & Accrued Comp. | 2.8 | (1.8) | 6.6 | 2.9 | 7.6 |
Cash from Operations | 52.7 | 49.4 | 49.5 | 43.4 | 50.7 |
Capital Expenditures | (24.3) | (23.5) | (104.5) | (76.9) | (39.4) |
Cash from Investing Activities | (24.3) | (23.5) | (104.5) | (76.9) | (39.4) |
Dividends Paid | (4.8) | (4.8) | (4.8) | (4.8) | (6.6) |
Sale (or purchase) of stock | - | - | - | - | - |
Debt Issuance (Pay Down) | - | - | 75.8 | 26.9 | - |
Cash from Financing Activities | (4.8) | (4.8) | 71 | 22.1 | (6.6) |
Change in Cash | 23.6 | 21.1 | 16 | (11.4) | 4.7 |
Mydeco Stock Price | $7.47 | $4.03 | $4.77 | $7.95 | $10.08 |
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