Luther Corporation Consolidated Income Statement
Year ended December 31 (in $millions) Refer to the income statement above. Assuming that Luther has no convertible bonds outstanding, then for the year ending December 31, 2006 Luther's diluted earnings per share are closest to ________.
A)$1.03
B)$0.51
C)$0.82
D)$1.23

Question

Luther Corporation Consolidated Income Statement
Year ended December 31 (in $millions)  Refer to the income statement above. Assuming that Luther has no convertible bonds outstanding, then for the year ending December 31, 2006 Luther's diluted earnings per share are closest to ________.
A)$1.03 
B)$0.51 
C)$0.82 
D)$1.23

Quizplus · Accepted Answer

The Answer of Luther Corporation Consolidated Income Statement
Year ended December 31 (in $millions)  Refer to the income statement above. Assuming that Luther has no convertible bonds outstanding, then for the year ending December 31, 2006 Luther's diluted earnings per share are closest to ________.
A)$1.03 
B)$0.51 
C)$0.82 
D)$1.23