Mathematics, 13.08.2020 17:01, izzyisnotfizzy

Earnings per share, EPS is calculated using the formula \large EPS=\frac{NI-PD}{SO}, where NI is net income, PD is preferred dividence, and SO number of outstanding shares. What is a company's net income if they have $50,000 in preferred dividends and pay out $0.55 per share on 200,000 shares?

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Earnings per share, EPS is calculated using the formula \large EPS=\frac{NI-PD}{SO}, where NI is net...