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Question 9 (Mandatory) (4 points) Brook Company reported net income of $1,268 million in 2016. The weighted average number of common shares outstanding during 2016

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Question 9 (Mandatory) (4 points) Brook Company reported net income of $1,268 million in 2016. The weighted average number of common shares outstanding during 2016 was 554 million shares. Brook paid $40 million in dividends on preferred stock, which was convertible into 20 million shares of common stock. How much is the diluted earnings per share amount for 2016? $2.23 $2.21 $2.18 $2.30 Save

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