Earnings per share Financial statement data for the years 2015 and 20Y6 for Black Bull Inc. follow: 20Y5 20Y6 Net income $1,348,000 $2,580,000 Preferred dividends $60,000 $60,000 Average number of common shares outstanding 70,000 shares 120,000 shares a. Determine the earnings per share for 20YS and 20Y6. Round to two decimal places. 20YS 2016 Earnings per Share Sfill in the blank 1 Sfill in the blank 2 b. Is the change in the earnings per share from 2015 to 20Y6 favorable or unfavorable?

Earnings per share Financial statement data for the years 2015 and 20Y6 for Black Bull Inc. follow: 20Y5 20Y6 Net income $1,348,000 $2,580,000 Preferred dividends $60,000 $60,000 Average number of common shares outstanding 70,000 shares 120,000 shares a. Determine the earnings per share for 20YS and 20Y6. Round to two decimal places. 20YS 2016 Earnings per Share Sfill in the blank 1 Sfill in the blank 2 b. Is the change in the earnings per share from 2015 to 20Y6 favorable or unfavorable?

Financial & Managerial Accounting

13th Edition

ISBN:9781285866307

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter11: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 11.8BPE: Earnings per share Financial statement data for the years ended December 31 for Black Bull Inc....

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