Intermediate

11. The number of ordinary shares outstanding for "company ABC" was 1000,000 shares, net income for the company was $ 700,000, cash dividends for ordinary shares was $ 70,000 and cash dividends for preferred shares was $ 50,000, what would Earnings Per Share (EPs) would be? * (2 Points) O 0.70 O 0.58 O 0.63 O 0.65