What is Falwell's diluted earnings per share for 2016,rounded to the nearest cent?
A)$3.14.
B)$4.90.
C)$4.34.
D)Cannot determine from the given information.

Question

Quizplus · Accepted Answer

The diluted earnings per share formula is (net income - preferred dividends) / (weighted average number of common shares outstanding + dilutive securities). Since the question does not provide us with the net income, preferred dividends, or weighted average number of common shares outstanding, we cannot determine the diluted earnings per share. Therefore, the correct answer is D, cannot determine from the given information.

What Is Falwell's Diluted Earnings Per Share for 2016,rounded to the Nearest