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

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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