Question
Exercise 11-12 Earnings per share LO A1 Ecker Company reports $1,300,000 of net income for 2017 and declares $182,000 of cash dividends on its preferred
Exercise 11-12 Earnings per share LO A1
Ecker Company reports $1,300,000 of net income for 2017 and declares $182,000 of cash dividends on its preferred stock for 2017. At the end of 2017, the company had 360,000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders for 2017?
2. What is the companys basic EPS for 2017?
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
5th Edition
0867186356, 978-0867186352
