Use the Table for the Question(s)below

question 96

Multiple Choice

Use the table for the question(s) below.

-Refer to the income statement above.Assuming that Luther has no convertible bonds outstanding,then for the year ending December 31,2006 Luther's diluted earnings per share are closest to:

• A)$1.01
• B)$1.04
• C)$1.53
• D)$3.92