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financial statement data for the years of 20Y5 and 20Y6 for black bull inc. follow: 20Y6: net income: $2,382,000 preferred dividends: $50,000 avg. number of
financial statement data for the years of 20Y5 and 20Y6 for black bull inc. follow:
20Y6:
net income: $2,382,000
preferred dividends: $50,000
avg. number of common shares: 110,000 shares
20Y5:
net income: $1,679000
preferred dividends: $50,000
avg. number of common shares: 90,000 shares
a. determine the earnings per share for 20Y5 and 20Y6 round to two decimal places.
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