Oracle Corporation reported the following earnings per share information in its 2016 Form 10-K. The company has only one class of stock outstanding. ($ in millions)
Net income
$8,901
Dividends to common shareholders
$2,541
Weighted average common shares outstanding
4,221
Weighted average dilutive shares
4,305
Basic and diluted earnings per share were, respectively:
Select one:
A. $0.30 and $0.30
B. $0.77 and $0.74
C. $1.08 and $1.06
D. $2.11 and $2.07
E. None of the above
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