Question
Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price
Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price 2024 $93 $27 150 $11.17 2023 $228 $18 400 $10.12 Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024?
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Financial Accounting
Authors: David Spiceland
6th Edition
1260786528, 9781260786521
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