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Earnings per share Financial statement data for the years 2 0 Y 5 and 2 0 Y 6 for Black Bull Inc. follow: Average number

Earnings per share
Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:
Average number of common shares outstanding 115,000 shares 70,000 shares
a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places.
b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable?
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