Kelley Company reports $1,900,000 of net income and declares $266,000 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 $5.43. Did Kelly improve its EPS in the current year?

Logout Successful X Question 13 - Ch 11: Exercises 20 pt X X - -CA https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252 90% . .. V 13 Kelley Company reports $1,900,000 of net income and declares $266,000 of cash dividends on its preferred stock for the year. At year-end, the company had 290,000 weighted-average shares of common stock. 1.33 1. What is the company's basic EPS? points 2. In the prior year, Kelley had a basic EPS of $5.43. Did Kelly improve its EPS in the current year? Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Hint What is the company's basic EPS? Basic Earnings per Share References Choose Numerator: 1 Choose Denominator: Basic Earnings per Share Basic earnings per share 11 1I Mc Graw Hill Type here to search S 11:52 PM 4/29/2021Logout Successful X Question 13 - Ch 11: Exercises 20 pt X X - -CA https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252 90% . .. V 13 Kelley Company reports $1,900,000 of net income and declares $266,000 of cash dividends on its preferred stock for the year. At year-end, the company had 290,000 weighted-average shares of common stock. 1.33 1. What is the company's basic EPS? points 2. In the prior year, Kelley had a basic EPS of $5.43. Did Kelly improve its EPS in the current year? Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Hint :In the prior year, Kelley had a basic EPS of $5.43. Did Kelly improve its EPS in the current year? References Did Kelly improve its EPS in the current year? Mc Graw Hill Type here to search S 11:52 PM 4/29/2021