Business, 21.04.2020 19:26 153536

Financial statement data for the years ended December 31 for Dovetail Corporation follows:2016 2015Net income $448,750 $376,000 Preferred dividends $40,000 $40,000 Average number of common shares outstanding 75,000 shares 60,000 sharesa. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places.2016 $ per share2015 $ per shareb. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend?

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Financial statement data for the years ended December 31 for Dovetail Corporation follows:2016 2015N...