Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 2045 2016 Net income $1,564,000 $2,436,000 Preferred dividends $60,000 $60,000 Average number of common shares outstanding 80,000 shares 110,000 shares a. Determine the earnings per share for 2015 and 20Y6. Round to two decimal places. 2015 2016 Earnings per Share b. Is the change in the earnings per share from 2045 to 20Y6 favorable or unfavorable? Check My Work Previous Next > All work saved. Email Instructor Save and Exit Submit Assignment for Grading Effect of Stock Split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 54,000 shares of common stock outstanding, declared a 2-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split? per share Check My Work Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading