Illustration of EPS National Beverage In milions, except price Met income Preferred Dividends hesage Humber of Shams Outstanding Connen Stockho ut income-Pared Dividends Average Number of Shares Outstanding Year 3 Generated $1.31 of income for every share of common stock, an increase of $0.25 per share EPS is not appropriate for comparing across companies Knowledge Check 01 A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the beginning of the year and 4.3 million shares outstanding at the end of the year. No dividends were declared during the year. What is the company's earnings per share (EPS) for the year? (Round your answer to 2 decimal places.) Earnings Per Share per share