a-company-reports-a-net-income-of-1200000-preferred-dividends-of-200000-and-6000

Question

A company reports a net income of $1,200,000, preferred dividends of $200,000, and 600,000 shares of common stock outstanding. What is the basic EPS?

Accepted Answer

$1.67

Answer

$2.00

Answer

$1.50

Answer

$1.75

A company reports a net income of \$1,200,000, preferred dividends of \$200,000, and 600,000 shares of common stock outstanding. What is the basic EPS?