Use the Table for the Question(s)below

question 9

Multiple Choice

Use the table for the question(s) below.
-Consider the above Income Statement for CharmCorp. All values are in millions of dollars. If CharmCorp has 6 million shares outstanding, and its managers and employees have stock options for 1 million shares, what is its diluted EPS in 2018?

• A)$2.33
• B)$2.00
• C)$1.67
• D)$1.42

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