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Net income Preferred dividends Average number of common shares outstanding Fiscal Years Ended Year 3 Year 2 Year 1 $882 $1,320 $820 $14 $14

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Net income Preferred dividends Average number of common shares outstanding Fiscal Years Ended Year 3 Year 2 Year 1 $882 $1,320 $820 $14 $14 $14 484 468 444 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 $ 2.79 per share 1.82 per share Year 1 Earnings 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) 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 Year 2 Year 1 Earnings -1.65 X % 55.84 X % 0 X % Net income growth as a percent of Year 1 (base year) Year 3 7.56 X % Year 2 60.98 X % Year 1 Earnings 1.85 X %

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