Computing EPS: Simple Capital Structure and Net Loss Grace Corp. had 100,000 common shares outstanding as of January 1, and declared a 1-for-2 reverse stock split on March 31 . In addition, the company were declared during the year. The company suffered a net loss for the year of $100,000. Required Compute basic EPS. - Note: Round weighted average common shares outstanding to the nearest whole number. - Note: Use a negative sign with a loss. Calculation of Weighted Shares Outstanding