RAF Inc. reported 2016 earnings per share of $3.20 and had no discontinued operations items. In 2017,

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RAF Inc. reported 2016 earnings per share of $3.20 and had no discontinued operations items. In 2017, EPS on income from continuing operations was $2.99, and EPS on net income was $3.49. Is this a favorable trend?

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Mar 02, 2015 10:15 AM

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RAF Inc. reported 2016 earnings per share of $3.20 and had no discontinued operations items. In 2017,

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