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ABC Gas and Electric Company is a large gas and electric utility operating in northern and central California, Three recent years of financial data for

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ABC Gas and Electric Company is a large gas and electric utility operating in northern and central California, Three recent years of financial data for ABC Gas and Electric Company are as follows: Fiscal Years Ended Year Year 2 Year 1 Net income $1,500 $820 Preferred dividends 512 $12 $12 Average number of common shares outstanding 484 465 184 a. Determine the earnings per share for fecal Year 3, Year 2 nd Year 1. Round to two decimal places Year Es Year 2 ming Year 1 Esming per share b. Evaluate the growth in earnings per share for the three years in comparison to the growth in net income for the three years. Round your answers to the nearest whole percentage. Negative amount should be indicated by the minus sign Earnings per share growth as a percent of Year 1 (base year) Year Year Year 1 Earrings Net income growth as a percent of Year 1 (base year Year Year Year 1 aning

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