Use the Table for the Question(s)below

question 81

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:

-Assuming that Luther has no convertible bonds outstanding, then for the year ending December 31, 2012 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:

Simone Martini

An Italian painter from the early 14th century, known for his contributions to the Gothic style, particularly in the use of elegant and graceful figures.

Classical Art

An art form originating in ancient Greece and Rome, notable for its emphasis on harmony, proportion, and adherence to recognized standards of form and craftsmanship.

Avignon Papacy

The period from 1309 to 1376 during which seven successive popes resided in Avignon, France rather than in Rome, leading to a significant schism within the Catholic Church.

Florentine Academy

An institution founded in Florence, Italy, in 1563, aimed at studying and promoting the arts, particularly painting, sculpture, and architecture.