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Required information Exercise 10-16A Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.) Financial information for Forever 18 includes
Required information Exercise 10-16A Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data: ($ in millions except share data) Net income Dividends on preferred stock 2021 $ 170 $ 25 2020 $ 154 $ 16 Average shares outstanding (in millions) 200 Stock price $11.07 2001 $10.02 Exercise 10-16A Part 1 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share 2020 2021
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