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Ecker Company reports $1,525,000 of net income for 2016 and declares $213,500 of cash dividends on its preferred stock for 2016. At the end of
Ecker Company reports $1,525,000 of net income for 2016 and declares $213,500 of cash dividends on its preferred stock for 2016. At the end of 2016, the company had 350,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders for 2016? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS for 2016? Basic Earnings per Share Choose Numerator: Choose Denominator: Basic Earnings per Share Basic eamings per share
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