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)
-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.

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Definitions:

Slot Weld

A type of weld used to join pieces of metal together through a slot in one piece that fits over another piece, typically used in sheet metal work.

Depth of Filling

The extent to which a cavity or mold is filled with material during a manufacturing or casting process.

Spur Gears

A type of gear with straight teeth mounted on a parallel shaft, used for transmitting motion and torque.

Pitch Diameter

The diameter of an imaginary circle on a gear or screw, where the width of the gear tooth and the space between teeth are equal.