Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 30 Jul 2017 My Price 3.00

Black Bull Inc.

PE 11-8B Earnings per share

Financial statement data for the years ended December 31 for Black Bull Inc. follows:

2016                         2015

Net income                                                                                                    $2,485,700                         $1,538,000

Preferred dividends                                                                                        $50,000                               $50,000 Average number of common shares   outstanding                                                                                        115,000 shares               80,000 shares

a.     Determine the earnings per share for 2016 and 2015.

b.    Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend?

Answers

Maurice Tutor
(5)
Status NEW Posted 30 Jul 2017 08:07 PM My Price 3.00

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