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

---

Definitions:

Reported

Information or data that has been formally communicated or disclosed, often referring to financial performance or events.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing its total debt by its total assets.

Total Liabilities

The aggregate of all debts and financial obligations owed by an entity to outside parties at a given point in time.

Total Equity

The value remaining in a company after all liabilities have been subtracted from assets, representing the ownership interest in the firm.