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Required: 1-a. Calculate earnings per share in 2017 and 2018 1-b. Did earnings per share increase in 2018? No Yes Financial information for Forever 18

image text in transcribed

Required:

1-a. Calculate earnings per share in 2017 and 2018

image text in transcribed

1-b. Did earnings per share increase in 2018?

	No
	Yes

Financial information for Forever 18 includes the following selected data (in millions): (S In mililons) Net Income Dividends on preferred stock Average shares outstanding In millions) Stock price 2018 201 $ 159 $235 $ 28 $19 4X) $11.22 $10.17 300

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