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Ecker Company reports $1,600,000 of net income for 2015 and declares $224,000 of cash dividends on its preferred stock for 2015. At the end of
Ecker Company reports $1,600,000 of net income for 2015 and declares $224,000 of cash dividends on its preferred stock for 2015. At the end of 2015, the company had 360,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders for 2015? Net income To preferred stockholders Net income available to common stockholders $ 0 2. What is the company's basic EPS for 2015? Choose Numerator: Basic Earnings per Share Choose Denominator: Basic Earnings per Share = Basic earnings per share 1 =
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