11

Exercise 13-16 Earnings per share LO A1 Ecker Company reports $1,300,000 of net Income and declares $1821000 of cash dividends on its preferred stock for the year. At year- end, the company had 290.000 weighted-average shares of common stock. 1. What amount of net Income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS? nces Basic Earnings per Share Choose Numerator: Choose Denominator: Basic Earnings per Share Basic earnings per share