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Dakota Inc. and Jersey & Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries. The

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Dakota Inc. and Jersey \& Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries. The companies reported the following data (in millions) for two recent years: a. Determine the earnings per share in Year 2 and Year 1 for each company. Neither Dakota nor Jersey have any preferred stock outstanding. Round your answers to two decimal places. b. Evaluate the relative profitability of the two companies. earnings per share for Year 1 and Year 2 are higher than However, from Year 1 to Year 2, the earnings per share for both companies Overall, appears to be the more profitable company

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