Qualls Corporation reported 2020 earnings per share of $7.21. In 2021, Qualls reported earnings per share as follows. On income from continuing operations $6.40 On discontinued operations  1.88 On net income $8.28 Is the increase in earnings per share from $7.21 to $8.28 a favorable trend?

Financial And Managerial Accounting
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Chapter12: Corporations: Organization, Stock Transactions, And Dividends
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Problem 8BE: Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:...
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Qualls Corporation reported 2020 earnings per share of $7.21. In 2021, Qualls reported earnings per share as follows.

On income from continuing operations $6.40
On discontinued operations  1.88
On net income $8.28

Is the increase in earnings per share from $7.21 to $8.28 a favorable trend?

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