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:

	Dakota				Jersey
	Year 2		Year 1		Year 2		Year 1
Net income	$2,197		$3,765		$1,905		$3,262
Average number of common shares outstanding	594		599		334		363

a. Determine the earnings per share in Year 2 and Year 1 for each company. Round your answers to two decimal places.

	Year 2	Year 1
Dakota	$ per share	$ per share
Jersey	$ per share	$ per share

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: Dakota Jersey Year1 $3,765 594599 Year 2Year 1 $3,262 334363 Year 2 $2,197 $1,905 Net income Average number of common shares outstanding a. Determine the earnings per share in Year 2 and Year 1 for each company. Round your answers to two decimal places. Year 2 Year 1 Dakota per share per share Jersey per shareper share