An analyst gathers the following information about a company for its fiscal year ended 31 December:
Net income: €80,000
Common dividends declared and paid: €16,000
Preferred dividends declared and paid: €10,000
Weighted average common shares outstanding: 150,000
Common shares outstanding at year end: 130,000
The company's basic earnings per share (EPS) is closest to:
Exam-Like
A
€0.36
28.6%
B
€0.47
71.4%
C
€0.54
0.0%
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An analyst gathers the following information about a company for its fiscal year ended 31 December:
- Net income: €80,000
- Common dividends declared and paid: €16,000
- Preferred dividends declared and paid: €10,000
- Weighted average common shares outstanding: 150,000
- Common shares outstanding at year end: 130,000
The company's basic earnings per share (EPS) is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz