Requieu vivi [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price Req la 2023 Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Complete this question by entering your answers in the tabs below. 2024 Req 1b Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share Numerator/Denominator 2024 Req ta $93 $27 150 $11.17 Amounts 0 2023 $228 $18 400 $10.12 Req 1b >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Requieu vivi
[The following information applies to the questions displayed below.]
Financial information for Forever 18 includes the following selected data:
($ in millions)
Net income
2023
Dividends on preferred stock
Average shares outstanding
Stock price
2024
Required:
1-a. Calculate earnings per share in 2023 and 2024.
1-b. Did earnings per share increase in 2024?
Complete this question by entering your answers in the tabs below.
Req la
Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Earnings Per Share
Reg 1b
Numerator/Denominator
2024
Req ta
$93
$27
150
$11.17
Amounts
0
0
2023
$228
$18
400
$10.12
Req 1b >
Transcribed Image Text:Requieu vivi [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income 2023 Dividends on preferred stock Average shares outstanding Stock price 2024 Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Complete this question by entering your answers in the tabs below. Req la Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share Reg 1b Numerator/Denominator 2024 Req ta $93 $27 150 $11.17 Amounts 0 0 2023 $228 $18 400 $10.12 Req 1b >
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