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A company's net income in 2017 was $7 billion. It paid interest of $1 billion, preferred dividends of $500 million, and common dividends of $2
A company's net income in 2017 was $7 billion. It paid interest of $1 billion, preferred dividends of $500 million, and common dividends of $2 billion in 2017. The company had 1.5 billion common shares outstanding throughout 2017, and has granted 200 million stock options to its executives, none of which had been exercised at the end of 2017. Calculate both basic EPS and diluted EPS
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