Garvey Inc. reported 2013 earnings per share of $3.26 and had no extraordinary items. In 2014, earnings

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Garvey Inc. reported 2013 earnings per share of $3.26 and had no extraordinary items. In 2014, earnings per share on income before extraordinary items was $2.99, and earnings per share on net income was $3.49. Do you consider this trend to be favorable?
Why or why not?

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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