If a company has net income of $$8,500,000,$ average share of common stock outstanding of $2,000,000,$ average total stockholders' equity of $$154,400,000$ and annual preferred stock dividends of $$1,500,000,$ what is its EPS?

Answer rating: 100% (QA)

To calculate the Earnings Per Share EPS you can use the following formula EPS ... View the full answer