Use the Table for the Question(s)below

question 18

Multiple Choice

Use the table for the question(s) below.

-Refer to the income statement above.For the year ending December 31,2015 Luther's earnings per share are closest to:

• A)$1.01
• B)$1.04
• C)$1.58
• D)$4.04
• E)$10.77

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Definitions:

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Quarterly Cash Payments

Regular financial distributions made by a company to its shareholders every three months.

Shareholders

Individuals or entities that own shares in a corporation, giving them a claim on part of the company's assets and earnings.

Regular Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits on a fixed schedule.