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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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