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Maria Shriver Corporation reported 2004 earnings per share of $7.21. In 2005, Maria Shriver reported earnings per share as follows. On income before extraordinary item $6.40 On extraordinary item 1.88...

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Maria Shriver Corporation reported 2004 earnings per share of $7.21. In 2005, Maria Shriver reported earnings per share as follows.
On income before extraordinary item $6.40
On extraordinary item 1.88
On net income $8.28
Is the increase in earnings per share from $7.21 to $8.28 a favorable trend?
Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
112 Votes
Maria Shriver Corporation reported 2004 earnings per share of $7.21. In 2005,
Maria Shriver reported earnings per share as follows.
On income before extraordinary item $6.40
on extraordinary item 1.88
on net income $8.28
is the increase in earnings per share from $7.21 to $8.28 a favorable trend?
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