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this is one question of account and it is divided into two parts a and b please answer this Question 2 - Earnings Per Share

this is one question of account and it is divided into two parts a and b please answer this image text in transcribed
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Question 2 - Earnings Per Share (EPS) (estimated time = 10-15 min) Bobby's Burgers Inc. started 2020 with the following shares outstanding: 5,000, $1,00, cumulative preferred shares (No dividends in arrears) 9,000 common shares Aug 1 The company earned $350,000 during 2020 and had the following share transactions: Mar 1 Issued 6,000 common shares for trucks valued at $25,000 Repurchased 1,700 common shares at $15/share Nov 1 Issued 4,700 common shares for $16/share Required: a) Calculate Earnings Per Share for Bobby's Burgers Inc. for 2020, (show all your work for full marks) (5 marks) ))) w a 30e b) Assuming all other information is similar, if Dave's Diner Ltd. had earnings per share of $18.28 for 2020, which companies shares would you chose to invest in if you had to pick one, Bobby's Burgers Inc. or Dave's Diner Ltd? (1 marks) a

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