2.82 : 1
1.28 : 1
3.33 : 1
2.36 : 1
Multiple Choice Question 102
The following information is available for Bradshaw Corporation and
Newell Corporation:
(in millions)
Bradshaw Corporation Newell Corporation
2017
2016
2017
2016
Preferred dividends
25
10
0
30
Net income
500
480
490
520
Shares outstanding at the end of the year
200
180
150
200
Shares outstanding at the beginning at the year
180
150
200
220
Based on the information for both Bradshaw and Newell over the
two-year period, the earnings per share calculations (rounded to two
decimals) indicate that
the earnings per share calculations for both companies assume that
changes in shares between 2016 and 2017 occur in the middle of the
year.
the earnings available to common stockholders is decreasing for
Newell and increasing for Bradshaw.