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The following information applies to the questions displayed below Financial informatio for Forever 18 ncludes the following selected data n millions) (S irn millions) Net

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The following information applies to the questions displayed below Financial informatio for Forever 18 ncludes the following selected data n millions) (S irn millions) Net income DMcends on preferred stock Average shares outstanding In millions) Stock price 2018 2017 S 259$134 26 17 200 350 S 1112 $1007 Required Information 10.00 points Required: 1-a. Calculate earnings per share in 2017 and 2018. (Enter your answer in millions i.e. 5,500,000 should be entered as 5.5).) ($ in millions Earnings per Share 2017 2018 1-b. Did eamings per share increase in 2018? No

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