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Farrah Inc. presented the following data: 2014 Net income 10% Preferred stock Common stock: 1/1: 750 shares outstanding 3/1: 9/1: 750 shares issued in a

Farrah Inc. presented the following data: 2014 Net income 10% Preferred stock Common stock: 1/1: 750 shares outstanding 3/1: 9/1: 750 shares issued in a 2-for-1 stock split 300 shares treasury stock acquired 12/1: 120 shares issued for cash Preferred dividends $200. The denominator to be used in the DEPS computation is: Select one: a. 1,285 b. 1,410 c. 1,720 d. 1,485 e. 1,610 $2,500 $3,000

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