Financial statement data for years ending December 31 for Jardine Company are shown below. a. Determine the
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Financial statement data for years ending December 31 for Jardine Company are shown below.
a. Determine the earnings per share for 2012 and 2011.b. Does the change in the earnings per share from 2011 to 2012 indicate a favorable of an unfavorabletrend?
Transcribed Image Text:
2011 $104,000 $18,000 40,000 shares 2012 Net income Preferred dividends Average number of common shares outstanding S117,000 $18,000 50,000 shares
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a b The decrease in the earnings per share from 215 to ...View the full answer
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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