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[ The following information applies to the questions displayed below. ] Financial information for Forever 1 8 includes the following selected data: ( $ in
The following information applies to the questions displayed below.
Financial information for Forever includes the following selected data:
$ in millions
Net income $ $
Dividends on preferred stock $ $
Average shares outstanding
Stock price $ $
Required:
a Calculate earnings per share in and
b Did earnings per share increase in
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