Chapter 13 Homework B (Question #5) Excercise 13-13 – Video
Posted: February 11, 2013 at 9:47 am
Chapter 13 Homework B (Question #5) Excercise 13-13
Franklin Company reports $1625000 of net income for 2011 and declares $227500 of cash dividends on its preferred stock for 2011. At the end of 2011, the company had 280000 weighted-average shares of common stock. 1. What amount of net income is available to common stockholders for 2011? (Omit the "$" sign in your response.) 2. What is the company #39;s basic EPS for 2011? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
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Chapter 13 Homework B (Question #5) Excercise 13-13 - Video
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