Exercise 11-20 (Algo) Computing earnings per share LO A1 Ecker Company reports $1,575,000 of net income and declares $220,500 of cash dividends on its preferred stock for the year. At yearend, the company had 350,000 weighted average shares of common stock. 1. What amount of net income is avallable to common stockholders? 2. What is the company's basic eamings per share (EPS)? Exercise 11-22 (Algo) Price-earnings ratio computation and interpretation LO A1 Compute the price-earnings ratio for each of these four separate companies. For which of these four companies does the market have the lowest expectation of future performance? Complete this question by entering your answers in the tabs below. Compute the price-earnings ratio for each of these four separate companies. Complete this question by entering your answers in the tabs below. For which of these four companies does the market have the lowest expectation of future performance? For which of these four companies does the market have the lowest expectation of future performance