Click to watch the Tell Me More Learning Objective 7 video and then answer the questions below. 1. EPS is calculated as divided by a. net income; average number of common shares outstanding b. revenue; average number of shares issued and outstanding c. net income less preferred dividends; average number of common shares outstanding d. net income; average number of preferred shares outstanding 2. Companies whose stock is traded in a public market a. must report EPS in the notes of their financial statements. b. must report EPS on their income statement. c. must report EPS on their balance sheet. d. are not required to report EPS