The management accountant at Saunders Company reported no preferred dividends paid in 2021 and 2022; and,...

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The management accountant at Saunders Company reported no preferred dividends paid in 2021 and 2022; and, there were 20,000 shares of outstanding stock at the end of 2021 and 2022. The managerial accountant reported that the net income in 2022 was $95,000 and the value of common stock at the end of the year was $28.85 per share. The managerial accountant reported that the net income in 2021 was $6,000 and the value of common stock at the end of the year was $12.95 per share. Compute the earnings per share (EPS) at Saunders Company in 2021 and 2022. Did the EPS increase or decrease in 2022? Should the managerial accountant try to achieve an increase in EPS or a decrease in EPS? What can a decrease in EPS indicate? BIUSTEM III Xz x Insert Formula The management accountant at Saunders Company reported no preferred dividends paid in 2021 and 2022; and, there were 20,000 shares of outstanding stock at the end of 2021 and 2022. The managerial accountant reported that the net income in 2022 was $95,000 and the value of common stock at the end of the year was $28.85 per share. The managerial accountant reported that the net income in 2021 was $6,000 and the value of common stock at the end of the year was $12.95 per share. Compute the earnings per share (EPS) at Saunders Company in 2021 and 2022. Did the EPS increase or decrease in 2022? Should the managerial accountant try to achieve an increase in EPS or a decrease in EPS? What can a decrease in EPS indicate? BIUSTEM III Xz x Insert Formula