EPS ABC Gas and Electric Company is a large gas and electric utility operating in northern and central California. Three recent years of financial data for ABC Gas and Electric Company are as follows: Net income Year 2 % Year 1 Earnings % Net income growth as a percent of Year 1 (base year) Year 3 % Year 2 Year 1 Earnings Preferred dividends Average number of common shares outstanding a. Determine the earnings per share for fiscal Year 3, Year 2, and Year 1. Round to two decimal places. Year 3 Earnings 1.79 per share Year 2 Earnings 3.10 per share Year 1 Earnings 1.79 per share b. Evaluate the growth in earnings per share for the three years in comparison to the growth in net income for the three years. Round your answers to the nearest whole percentage. Negative amount should be indicated by the minus sign, Earnings per share growth as a percent of Year 1 (base year) Year 3 % % Fiscal Years Ended Year 2 $1,470 $20 468 % Year 3 $884 $20 484 Year 1 $814 $20 444

ABC Gas and Electric Company is a targe gas and electric utility operating in northern and central Calfornia. Three recent years of financial dats for ABC Gas and Electric Company are as follows: a. Determine the earnings per shure for fiscal Year 3, Year 2, and Year 1. Round to two decimal places. b. Evaluate the growth in earnings per share for the three years in comparicon to the growth in net income for the three years. Round your answers to the nearest whole percentage. Negative amount should be indicated by the minus sign. Eamings per share growth as a percent of Vear 1 (base year) Net income arowth as a nercent of Year 1 (fbase vear)