For the year ending December 31, 2019 Luther's cash flow from financing activities is:

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business
Section: Chapter Questions
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Total sales
Cost of sales
Gross profit
Selling, general, and
administrative expenses
Research and development
Depreciation and amortization
Operating income
Other income
Earnings before interest and taxes (EBIT)
Interest income (expense)
Pre-tax income
Taxes
Net income
Price per share
Shares outstanding (millions)
Stock options outstanding (millions)
5513
OA. $137.3 million.
OB. $123.2 million.
OC. $127.1 million.
O D. $132.6 million.
610.1
(500.2)
109.9
(40.5)
(24.6)
(3.6)
41.2
41.2
(25.1)
16.1
(5.5)
10.6
$16
10.2
0.3
5511
578.3
(481.9)
96.4
(39.0)
(22.8)
(3.3)
31.3
31.3
(15.8)
15.5
(5.3)
10.2
$15
8.0
0.2
Stockholders' Equity
126.6
63.6
Total Liabilities and Stockholders' Equity
533.1-
386.7
For the year ending December 31, 2019 Luther's cash flow from financing activities is:
Transcribed Image Text:Total sales Cost of sales Gross profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pre-tax income Taxes Net income Price per share Shares outstanding (millions) Stock options outstanding (millions) 5513 OA. $137.3 million. OB. $123.2 million. OC. $127.1 million. O D. $132.6 million. 610.1 (500.2) 109.9 (40.5) (24.6) (3.6) 41.2 41.2 (25.1) 16.1 (5.5) 10.6 $16 10.2 0.3 5511 578.3 (481.9) 96.4 (39.0) (22.8) (3.3) 31.3 31.3 (15.8) 15.5 (5.3) 10.2 $15 8.0 0.2 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1- 386.7 For the year ending December 31, 2019 Luther's cash flow from financing activities is:
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