Question: Earnings Per Share Financial statement data for years ending December 31 for Jardine Company are shown below. 2016 2015 Net income $623,500 $499,250 Preferred dividends

Earnings Per Share Financial statement data for years ending December 31 for Jardine Company are shown below. 2016 2015 Net income $623,500 $499,250 Preferred dividends $95,000 $95,000 Average number of common shares outstanding 70,000 shares 55,000 shares a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places. 2016 $ per share 2015 $ per share b. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend?

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