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Calculate Basic EPS using the following information: Net Income ............................................ $ 1,500 Common Dividends ................................ $ 400 Preferred Dividends ................................ $ 500 Weighted Average Shares

Calculate Basic EPS using the following information: Net Income ............................................ $ 1,500 Common Dividends ................................ $ 400 Preferred Dividends ................................ $ 500 Weighted Average Shares Outstanding ..... 1,000

  1. $1.50
  2. $1.10
  3. $0.60
  4. $1.00

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