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Use the Table for the Question(s)below

Question 6

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $ millions) Use the table for the question(s) below. Consider the following income statement and other information: Luther Corporation Consolidated Income Statement Year ended December 31 (in $ millions)    -Assuming that Luther has no convertible bonds outstanding,then for the year ending December 31,2019 Luther's diluted earnings per share are closest to: A) $1.01. B) $1.04. C) $1.28. D) $1.33.
-Assuming that Luther has no convertible bonds outstanding,then for the year ending December 31,2019 Luther's diluted earnings per share are closest to:


A) $1.01.
B) $1.04.
C) $1.28.
D) $1.33.

Correct Answer:

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