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Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: Net income Preferred dividends Average number of
Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: Net income Preferred dividends Average number of common shares outstanding 20Y5 20Y6 $1,490,000 $2,404,000 $50,000 $50,000 80,000 shares 110,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. Earnings per Share 20Y5 $ 20Y6 b. Is the change in the earnings per share from 2015 to 20Y6 favorable or unfavorable?
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
