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Earnings per Share (EPS) Calculation for Alphabet Inc. : Compute the earnings per share (EPS) for Alphabet Inc. for the fiscal year 2023 using the

  1. Earnings per Share (EPS) Calculation for Alphabet Inc.:

Compute the earnings per share (EPS) for Alphabet Inc. for the fiscal year 2023 using the following information:

    • Net Income: $12,000,000
    • Preferred Dividends: $2,000,000
    • Weighted Average Common Shares Outstanding: 5,000,000

Requirement: Determine the earnings per share for Alphabet Inc. and discuss its significance for investors.

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