Qualls Corporation reported 2010 earnings per share of $7.21. In 2011, Qualls reported earnings per...

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Qualls Corporation reported 2010 earnings per share of $7.21. In 2011, Qualls reported earnings per share as follows.
On income from continuing operations$8.00
On loss on discontinued operations .88
On net income$7.12
Is the decrease in earnings per share from $7.21 to $7.12 a negative trend? Explain.

Robert · Accepted Answer

Qualls Corporation reported 2010 earnings per share of $7.21. In 2011, Qualls 
reported earnings per share as follows. 
On income from continuing operations$8.00 
on loss on discontinued operations .88 
on net income$7.12 
is the decrease in earnings per share from $7.21 to $7.12 a negative trend?

Qualls Corporation reported 2010 earnings per share of $7.21. In 2011, Qualls reported earnings per share as follows. On income from continuing operations$8.00 On loss on discontinued operations .88...

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