Use the table for the question(s)below.
Consider the following income statement and other information:
-For the year ending December 31,2009 Luther's earnings per share are closest to:
A)$0.96
B)$1.04
C)$1.28
D)$1.33

Name: Use the table for the question(s)below. Consider the following income statement and other information: -For the year ending December 31,2009 Luther's earnings per share are closest to: A)$0.96 B)$1.04 C)$1.28 D)$1.33
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Use the table for the question(s)below.
Consider the following income statement and other information: 
-For the year ending December 31,2009 Luther's earnings per share are closest to:
A)$0.96 
B)$1.04 
C)$1.28 
D)$1.33

Quizplus · Accepted Answer

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

Use the Table for the Question(s)below