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

-For the year ending December 31, 2012 Luther's earnings per share are closest to:
A)$0.96
B)$1.04
C)$1.28
D)$1.33

Question

Use the table for the question(s)below.
Consider the following income statement and other information:
 
-For the year ending December 31, 2012 Luther's earnings per share are closest to:
A)$0.96 
B)$1.04 
C)$1.28 
D)$1.33

Quizplus · Accepted Answer

The correct earnings per share (EPS) calculation would require the net income and the number of outstanding shares. Assuming the necessary data aligns with choice B, $1.04 is the closest EPS.

Use the Table for the Question(s)below