FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 2-7 (a-b) The following information is available for Leon's Furniture Limited for the years ended December 31 (in thousands, except for share price): 2015 2014 Income available to common shareholders $76,629 $75,524 Weighted average number common shares 71,218 70,899 Share price $13.99 $17.31 Calculate the basic earnings per share and the price-earnings ratio for each year. (Round earnings per share to 2 decimal places, e.g. 5.25 and price-earnings ratio to 1 decimal place, e.g. 15.2.) 2015 2014 Basic earnings per shares per share s per share Price-earnings ratio times times Indicate whether profitability improved or deteriorated in 2015. Question Attempts: 0 of 4 used