Financial information for Forever 18 includes the following selected data: ($ in millions except share...
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Financial information for Forever 18 includes the following selected data: ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2021 $ 210 $ 25 240 $11.52 2020 $ 180 $ 20 220 $10.47 Required: 1-a. Calculate earnings 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 II = 2021 1-b. Did earnings per share increase in 2021? No Yes
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