E$2.$ll $($LO $2),$ AP Suppose the following information is available for Callaway Golf Company for the

years $2025$ and $2024.($Dollars are in thousands, except share information.$)$

$2025$

$2024$

Net sales $ $1,117,204$

Net income $($loss$)66,176$

Total assets $855,338$

$ $1,124,591$

$54,587$

$838,078$

Share information

Common shares outstanding at year$-$end $64,507,000$

Preferred dividends $-0-$

$66,282,000$

$-0-$

There were $73,139,000$ shares of common stock outstanding at the end of $2023.$

Instructions

a$.$ What was the company's earnings per share for each year?

b$.$ Based on your findings above, how did the company's profitability change from $2024$ to $2025?$

c$.$ Suppose the company had paid dividends on preferred stock and on common stock during the year.