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?