Ecker Company reports $1,425,000 of net income and declares $199,500 of cash dividends on its preferred stock for the year. At year-end, the company had 400,000 weighted-average shares of common stock.

1. What amount of net income is available to common stockholders?

Logout Successful X Question 12 - Ch 11: Exercises 20 pt X X - - CA https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252 90% . .. V Ch 11: Exercises 20 pts Saved Help Save & Exit Check my 12 Ecker Company reports $1,425,000 of net income and declares $199,500 of cash dividends on its preferred stock for the year. At year- end, the company had 400,000 weighted-average shares of common stock. 1.33 1. What amount of net income is available to common stockholders? points Net income To preferred stockholders Book Net income available to common stockholders $ 0 Hint References 2. What is the company's basic EPS? Basic Earnings per Share Choose Numerator: 1 Choose Denominator: Basic Earnings per Share Basic earnings per share Type here to search O 11:50 PM 4/29/2021