Required information [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 Required: 1-8. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Req la Complete this question by entering your answers in the tabs below. Req 1b 2024 $129 $20 150 $12.02 S 2023 $308 $15 400 $10.97 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (ie 5.500.000 should be entered as 5.51.1

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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Please dont provide solution in image based solution thanks

S
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
2023
Req 1b
2024
Numerator/Denominator
Amounts
11
Req 1b >
A
Transcribed Image Text:S 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 2023 Req 1b 2024 Numerator/Denominator Amounts 11 Req 1b > A
!
Required information
[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
Required:
1-a. Calculate earnings per share in 2023 and 2024.
1-b. Did earnings per share increase in 2024?
Req la
2024
Complete this question by entering your answers in the tabs below.
Req 1b
$129
$20
150
$12.02
2023
$308
$15
400
$10.97
Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (ie. 5.500.000 should be entered as 5.5).)
Transcribed Image Text:! Required information [The following information applies to the questions displayed below] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Req la 2024 Complete this question by entering your answers in the tabs below. Req 1b $129 $20 150 $12.02 2023 $308 $15 400 $10.97 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (ie. 5.500.000 should be entered as 5.5).)
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