Use the Table for the Question(s)below

question 95

Multiple Choice

Use the table for the question(s) below.
Luther Corporation Consolidated Income Statement Year ended 30 June (in $ millions)

-Refer to the income statement above. Assuming that Luther has no convertible bonds outstanding, then for the year ending 30 June 2018, Luther's diluted earnings per share are closest to:

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

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