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Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Y5 Net income. 20Y6 $1,734,000 Prefer
Posted: Thu Jun 30, 2022 7:41 pm
by answerhappygod
- Financial Statement Data For The Years 20y5 And 20y6 For Black Bull Inc Follow 20y5 Net Income 20y6 1 734 000 Prefer 1 (16.09 KiB) Viewed 30 times
Financial
statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Y5 Net income. 20Y6 $1,734,000 Preferred dividends $60,000 Average number of common shares outstanding i 90,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Y6 Favorable Unfavorable $2,403,000 $60,000 110,000 shares Earnings per Share b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? 3