eBook Show Me How Calculator E Print Item Earnings Per share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 2ΟΥ3 20Y2 Net income $485,750 $397,750 Preferred...


eBook<br>Show Me How<br>Calculator<br>E Print Item<br>Earnings Per share<br>Financial statement data for the years ended December 31 for Dovetail Corporation follow:<br>2ΟΥ3<br>20Y2<br>Net income<br>$485,750<br>$397,750<br>Preferred dividends<br>$74,000<br>$74,000<br>Average numnber of common shares outstanding<br>45,000 shares<br>35,000 shares<br>a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places.<br>20Y3<br>X per share<br>20Y2<br>X per share<br>b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable trend?<br>Unfavorable v<br>Feedback<br>Y.Check My ok<br>ep in mind the definition of earnings per share. Consider what the earnings per share number reveals.<br>Check My Work<br>1 more Check My Work uses remaining.<br>Previous<br>Next<br>O v 11:39<br>%24<br>

Extracted text: eBook Show Me How Calculator E Print Item Earnings Per share Financial statement data for the years ended December 31 for Dovetail Corporation follow: 2ΟΥ3 20Y2 Net income $485,750 $397,750 Preferred dividends $74,000 $74,000 Average numnber of common shares outstanding 45,000 shares 35,000 shares a. Determine the earnings per share for 20Y3 and 20Y2. Round your answers to two decimal places. 20Y3 X per share 20Y2 X per share b. Does the change in the earnings per share from 20Y2 to 20Y3 indicate a favorable or an unfavorable trend? Unfavorable v Feedback Y.Check My ok ep in mind the definition of earnings per share. Consider what the earnings per share number reveals. Check My Work 1 more Check My Work uses remaining. Previous Next O v 11:39 %24

Jun 08, 2022
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