Exercise 11-21 (Algo) Analyzing earnings per share LO A1 Kelley Company reports $1,875,000 of net income and declares $262,500 of cash dividends on its preferred stock for the year. At year-end, the company had 290,000 weighted average shares of common stock. 1. What is the company's basic EPS? 2. In the prior year, Kelley had a basic EPS of $5.36. Did Kelly improve its EPS in the current year? ped Complete this question by entering your answers in the tabs below. Doll ences Required 1 Required 2 What is the company's basic EPS? Basic Earings.per Share Choose Denominator Choose Numerator Basic Earnings per Sharo Basic earnings per share Regina 1 Required 2 > Exercise 11-21 (Algo) Analyzing earnings per share LO A1 33 onts Kelley Company reports $1,875,000 of net income and declares $262,500 of cash dividends on its preferred stock for the year. At year-end, the company had 290,000 weighted-average shares of common stock. 1. What is the company's basic EPS? 2. In the prior year, Kelley had a basic EPS of $5.36. Did Kelly improve its EPS in the current year? Spoed eBook Complete this question by entering your answers in the tabs below. Beerences Required 1 Required 2 In the prior year, Kelley had a basic EPS of $5.36. Did Kelly improve its EPs in the current year? Did Kelly improve its EPS in the current year?