Income Statement for CharmCorp: Consider the Above Income Statement

question 33

Multiple Choice

Income Statement for CharmCorp: Consider the above Income Statement for CharmCorp. All values are in millions of dollars. If CharmCorp. has 4 million shares outstanding, and its managers and employees have stock options for 2 million shares, what is its diluted EPS in 2008?

• A)$0.83
• B)$1.33
• C)$1.67
• D)$2.00

---

Definitions:

Procrastination

The action of delaying or postponing tasks, often leading to stress, anxiety, and lower productivity.

Hidden Benefits

Advantages or positive outcomes that are not immediately obvious or recognized, often revealing themselves over time or upon deeper analysis.

Workplace Morale

The overall mood of a workplace based on attitudes and satisfaction.

Individual Accountability

The principle that each person is responsible for their own actions and outcomes.