1. Company A has its common stock selling for $30 a share, there is $17 million of net income, \$1 million of preferred stock dividends and 8 million shares outstanding. Calculate the Earnings Per Share and Price Earnings ratio. Verify that the Earnings Per Share (EPS) and Price Earnings Ratio (P/E Ratio) is correct. 1. Company A has its common stock selling for $30 a share, there is $17 million of net income, \$1 million of preferred stock dividends and 8 million shares outstanding. Calculate the Earnings Per Share and Price Earnings ratio. Verify that the Earnings Per Share (EPS) and Price Earnings Ratio (P/E Ratio) is correct