Use the table for the question(s) below.
Income Statement for CharmCorp:
Selling, general,
and administrative expenses | -36 | -21 |
Research and development | -4 | -5 |
Depreciation and amortization | -5 | -5 |
Earnings before interest
Interest income (expense) | -7 | -7 |
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 2009?
◦ $2.33
◦ $1.67
◦ $2.00
◦ $1.42