Question: 3 Need this solved asap please. help me with the proper solutions. Earnings per share Financial statement data for the years 2015 and 20Y6 for
3
Need this solved asap please. help me with the proper solutions.

Earnings per share Financial statement data for the years 2015 and 20Y6 for Black Bull Inc. follow: 20Y5 2016 Net income $1,366,000 $50,000 Preferred dividends $2,654,000 $50,000 120,000 shares Average number of common shares outstanding 70,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 2015 2016 Earnings per Share b. Is the change in the earnings per share from 2095 to 20Y6 favorable or unfavorable
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
