Question: QS 11-21 Basic earnings per share LO A1 Epic Company earned net income of $896,000 this year. There were 330,000 weighted-average common shares outstanding, and

QS 11-21 Basic earnings per share LO A1

Epic Company earned net income of $896,000 this year. There were 330,000 weighted-average common shares outstanding, and preferred shareholders received a $38,000 cash dividend. Compute Epic Companys basic earnings per share.

Basic Earnings Per Share
Choose Numerator:	/	Choose Denominator:	=	Basic EPS
	/		=	Basic EPS
	/		=		per share

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