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Green Grass Ltd.'s (GGL) accounting system provided the following data for the last two years: There were 7,000 common shares outstanding throughout 2019 and 1,000
Green Grass Ltd.'s (GGL) accounting system provided the following data for the last two years: There were 7,000 common shares outstanding throughout 2019 and 1,000 common shares were issued 6 months before the 2020 year-end. GGL has no preferred shares outstanding. GGL declared and paid of common share dividends of $1.25 per share in 2020. Required 1. Using the formula below, calculate GGL's Basic Earning per Share for the two years and evaluate GGL's earning performance in 2020 relative to 2019
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