Question: CH 9 Exercise 11-20 (Algo) Computing earnings per share LO A1 1.15 points Ecker Company reports $1,675,000 of net income and declares $234,500 of cash

 CH 9 Exercise 11-20 (Algo) Computing earnings per share LO A1

CH 9 Exercise 11-20 (Algo) Computing earnings per share LO A1 1.15 points Ecker Company reports $1,675,000 of net income and declares $234,500 of cash dividends on its preferred stock for the year. At year-end, the company had 270,000 weighted average shares of common stock. 1. What amount of net income is available to common stockholders? eBook Net income 101 Hint To preferred stockholders Net income available to common stockholders Print References 2. What is the company's basic EPS? Basic Earnings per Share Choose Denominator: Choose Numerator: 1 Basic Earnings per Share Basic earnings per share = =

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