All Care Inc. reported the following selected information for the past three years (in millions, except for per share amounts):

Instructions
(a) Calculate All Care's return on equity, earnings per share, and price-earnings ratios before and after discontinued operations for 2017, 2016, and 2015.
(b) Evaluate All Care's performance over the past three years before and after discontinued operations.
TAKING IT FURTHER
How would reporting discontinued operations affect your analysis of All Care's performance?

Transcribed Image Text:

2017 2016 2015 Sales and operating revenues Average shareholders' equity Preferred dividends $20,300 3,400 80 $24,900 2,400 80 $23,800 1,900 60 $1,130 Profit from continuing operations Loss on disposal of discontinued operations Loss from discontinued operations Profit 1,250 620 200 $ 430 450 $ 24.40 $ 990 150 $ 980 470 $ 19.88 180 $ 810 Weighted average number of common shares Market price per share 460 21.60