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:

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Interest-Sensitive Goods

These are goods whose demand fluctuates in response to changes in interest rates, often because they involve large financial investments or credit to purchase.

Financial Crisis

A situation where financial assets suddenly lose a significant part of their nominal value, often leading to bankruptcies and economic downturns.