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Suppose that the following information is available for Home Depot Corporation and Lowes Corporation: (in millions) Preferred dividends Net income Shares outstanding at the end

Suppose that the following information is available for Home Depot Corporation and Lowes Corporation: (in millions) Preferred dividends Net income Shares outstanding at the end of the year Shares outstanding at the beginning of the year Home Depot Corporation 2025 $25 $500 200 180 2024 $10 $480 180 150 Lowes Corporation 2025 $0 $490 150 200 2024 $30 $520 200 220 Based on this information, the earnings per share calculations (rounded to two decimals) suggest lower performance in 2025 than in 2024 for Home Depot Corporation. O less earnings available to Home Depot's common stockholders in 2025 than in 2024. lower performance in 2024 than in 2025 for Home Depot Corporation. a decrease in the average number of common shares outstanding between 2024 and 2025 for Home Depot Corporation.
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Suppose that the following information is available for Home Depot Corporation and Lowes Corporation: Based on this information, the earnings per share calculations (rounded to two decimals) suggest lower performance in 2025 than in 2024 for Home Depot Corporation. less earnings available to Home Depot's common stockholders in 2025 than in 2024. lower performance in 2024 than in 2025 for Home Depot Corporation. a decrease in the average number of common shares outstanding between 2024 and 2025 for Home Depot Corporation

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