Use the table for the question(s) below.
Consider the following income statement and other information:

-For the year ending December 31,2006 Luther's earnings per share are closest to:
A) $1.01
B) $1.04
C) $1.58
D) $4.04

Question

Use the table for the question(s) below.
Consider the following income statement and other information:
 
-For the year ending December 31,2006 Luther's earnings per share are closest to:
A) $1.01 
B) $1.04 
C) $1.58 
D) $4.04

Quizplus · Accepted Answer

B) EPS = Net Income / Shares Outstanding = $10.6 / 10.2 = $1.04

Use the Table for the Question(s) Below