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Caterpillar Inc. and Deere & Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries. The

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Caterpillar Inc. and Deere \& Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries. The companies reported the following data (in millions) for two recent years: a. Determine the earnings per share in Year 2 and Year 1 for each company. Neither Caterpillar nor Deere have any preferred stock outstanding. Round your answers to two decimal places. b. Evaluate the relative profitability of the two companies. ? earnings per share for Year 1 is higher than from Year 1 to Year 2 , the earnings per share for both companies ? appears to be the more profitable company

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