Exercise 10-19 (Algo) Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Exercise 10-19 (Algo) Part 1 Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? 2023 Req la 2024 Complete this question by entering your answers in the tabs below. Req 1b Numerator/Denominator 2024 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share < Req1a $182 $29 260 $11.72 Amounts 2023 Req 1b > $279 $24 450 $10.67
Exercise 10-19 (Algo) Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Exercise 10-19 (Algo) Part 1 Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? 2023 Req la 2024 Complete this question by entering your answers in the tabs below. Req 1b Numerator/Denominator 2024 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share < Req1a $182 $29 260 $11.72 Amounts 2023 Req 1b > $279 $24 450 $10.67
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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