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Category > Accounting Posted 29 Jul 2017 My Price 7.00

Financial statement data for years ending December 31 for Duffner Company are shown below.

Financial statement data for years ending December 31 for Duffner Company are shown below. 


a. Determine the earnings per share for 2012 and 2011. 
b. Does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorabletrend?
 
 
 

1

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(8)
Status NEW Posted 29 Jul 2017 10:07 AM My Price 7.00

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Attachments

file 1501322504-358953_1_636359733923395359_Duffner-Company.xlsx preview (65 words )
Fi-----------nan-----------cia-----------l s-----------tat-----------eme-----------nt -----------dat-----------a f-----------or -----------yea-----------rs -----------end-----------ing----------- De-----------cem-----------ber----------- 31----------- fo-----------r D-----------uff-----------ner----------- Co-----------mpa-----------ny -----------are----------- sh-----------own----------- be-----------low-----------. a-----------. D-----------ete-----------rmi-----------ne -----------the----------- ea-----------rni-----------ngs----------- pe-----------r s-----------har-----------e f-----------or -----------201-----------2 a-----------nd -----------201-----------1. -----------Net----------- in-----------com-----------e â-----------€“ -----------Pre-----------fer-----------red----------- Di-----------vid-----------end-----------b. -----------Doe-----------s t-----------he -----------cha-----------nge----------- in----------- th-----------e e-----------arn-----------ing-----------s p-----------er -----------sha-----------re -----------fro-----------m 2-----------011----------- to----------- 20-----------12 -----------ind-----------ica-----------te -----------a f-----------avo-----------rab-----------le -----------or -----------an -----------unf-----------avo-----------rab-----------le -----------tre-----------nd?-----------Ave-----------rag-----------e N-----------umb-----------er -----------of -----------Com-----------mon----------- Sh-----------are-----------s O-----------uts-----------tan-----------din-----------g=E-----------arn-----------ing-----------s p-----------er -----------sha-----------re(-----------EPS-----------)($-----------971-----------,00-----------0 â-----------€“ -----------$35-----------,00-----------0)1-----------20,-----------000----------- sh-----------are-----------s90-----------,00-----------0 s-----------har-----------es(-----------$69-----------2,0-----------00 -----------–----------- $3-----------5,0-----------00)-----------fav-----------ora-----------ble-----------$7.-----------80
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