During 2022, Lehrman Company earned net income of $170,000 and paid dividends to preferred stockholders of $20,000. If the company had 30,000 shares of common stock outstanding for the entire year, what was the amount of Earnings per share (EPS) for 2022? Group of answer choices $5.00. $1.34. $1.70. $0.20

Answer rating: 100% (QA)

The correct answer is 483 To calculate EPS we need to divide the net income ... View the full answer