Required information (The following information applies to the questions displayed below Financial information for Forever 18 includes the following selected data: (S in eillions except share data) Net income Dividends on preferred stock Average shares outstanding (in nillions) Stock price 2021 2020 $ 120 $30 $ 210 21 250 $11.47 $10.42 Required: 1-a. Calculate eanings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share 2020 2021 1-b. Did earnings per share increase in 2021? O Yes O No

Required information (The following information applies to the questions displayed below Financial information for Forever 18 includes the following selected data: (S in eillions except share data) Net income Dividends on preferred stock Average shares outstanding (in nillions) Stock price 2021 2020 $ 120 $30 $ 210 21 250 $11.47 $10.42 Required: 1-a. Calculate eanings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share 2020 2021 1-b. Did earnings per share increase in 2021? O Yes O No

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Description: Required information(The following information applies to the questions displayed below.Financial information for Forever 18 includes the following selected data:($ in millions except share data)Net income2021$ 120$ 302020$ 210$21Dividends on prefer

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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