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Required information [The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data: 2021 $ 210 $

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Required information [The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data: 2021 $ 210 $ 25 ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2020 $ 180 $ 20 220 $10.47 240 $11.52 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should Earnings Per Share 2020 2021 11

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