Question

Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding, what were the company's operating profit margin and EPS?

Answer 1

The operating profit margin and EPS cannot be calculated without the income statement data.

Step-by-step explanation:

The operating profit margin is calculated by dividing the operating profit by the sales revenue. However, the income statement data was not provided, so we cannot calculate the operating profit margin. EPS, or earnings per share, is calculated by dividing the net income by the number of shares outstanding. Again, the net income was not provided, so we cannot calculate the EPS.