Oracle reported the following earnings per share information in its 2008 annual report. The company has only one class of stock. ($ in millions) $5,521 $1,563 5,133 Net income Dividends to common shareholders Weighted average common shares outstanding Weighted average dilutive shares from employee stock plans 96 Weighted average anti-dilutive shares from employee stock plans 98 Basic earnings per share was: A. $0.72 B. $0.77 C. $1.08 D. $1.12 E. None of the above

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Financial accounting question

Oracle reported the following earnings per share information in its 2008
annual report. The company has only one class of stock.
($
in
millions)
$5,521
$1,563
5,133
Net income
Dividends to common shareholders
Weighted average common shares outstanding
Weighted average dilutive shares from employee stock plans 96
Weighted average anti-dilutive shares from employee stock
plans
98
Basic earnings per share was:
A. $0.72
B. $0.77
C. $1.08
D. $1.12
E. None of the above
Transcribed Image Text:Oracle reported the following earnings per share information in its 2008 annual report. The company has only one class of stock. ($ in millions) $5,521 $1,563 5,133 Net income Dividends to common shareholders Weighted average common shares outstanding Weighted average dilutive shares from employee stock plans 96 Weighted average anti-dilutive shares from employee stock plans 98 Basic earnings per share was: A. $0.72 B. $0.77 C. $1.08 D. $1.12 E. None of the above
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