Use the Table for the Question(s)below

question 24

Multiple Choice

Use the table for the question(s) below.
Income Statement for Xenon Manufacturing:
-Consider the above Income Statement for Xenon Manufacturing.All values are in millions of dollars.If Xenon Manufacturing has 25 million shares outstanding,what is its EPS in 2009?

• A)$0.36
• B)$0.40
• C)$0.63
• D)$0.84

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Definitions:

True Cost

Encompasses all the economic, environmental, and social costs associated with the production and consumption of a good or service.

Resource

Raw materials, labor, capital, and other inputs used in the production of goods and services.

External Benefits

Benefits of a good or service that are not captured by the market price and are received by third parties.

Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar but differentiated.