Iron Ingots Inc. reported 1997 earnings per share of $3.26 and had no extraordinary items. In 1998,
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Iron Ingots Inc. reported 1997 earnings per share of \$3.26 and had no extraordinary items. In 1998, earnings per share on income before extraordinary items was \(\$ 2.99\), and earnings per share on net income was \$3.49. Do you consider this trend to be favorable? Why or why not?
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Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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