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earnings per share for the years 2006 ndash 2008 dudley docker company had net incom 691830

Earnings Per Share

For the years 2006–2008, Dudley Docker Company had net income and average shares outstanding as follows:

 

2008

2007

2006

Net income

$10,000

$6,000

$2,500

Average shares outstanding

2,500

2,000

1,000

What was the percentage of change in earnings per share (EPS) in 2007? In 2008?

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