Highlander Inc. reported the following selected information for the past except for per share amounts):

Instructions
(a) Calculate Highlander's return on equity, earnings per share, and price-earnings ratios before and after discontinued operations for 2017, 2016, and 2015.
(b) Evaluate Highlander's performance over the past three years before and after discontinued operations.
TAKING IT FURTHER
Explain how reporting discontinued operations separately would affect your analysis of Highlander's performance.

2017 $4,000 3,400 20 2016 $3,100 2,400 20 2015 Net sales Average shareholders' equity Preferred dividends $2,600 1,800 15 Profit from continuing operations Loss on disposal of discontinued operations Loss from discontinued operations Profit $1,160 340 110 710 $810 S 570 70 500 80 $ 730 290 S33.65 Weighted average number of common shares Market price per share 300 $45.50 280 $44.80