Qualls Corporation reported 2010 earnings per share of $7.21. In 2011, Qualls reported earnings per share as

Question:

Qualls reported 2010 earnings per share of $7.21. In 2011, Qualls reported earnings per share as follows.
On income from continuing operations $8.00
On loss on discontinued operations .88
On net income $7.12
Is the decrease in earnings per share from $7.21 to $7.12 a negative trend? Explain.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...