Kelley Company reports $1,500,000 of net income and declares $210,000 of cash dividends on its pre year-end, the company had 380,000 weighted average shares of common stock. 1. What is the company's basic earnings per share (EPS)? 2. In the prior year, Kelley had a basic earnings per share (EPS) of $3.19. Did Kelly improve its earnings per share (EPS) in the current year? Complete this question by entering your answers in the tabs below. Ruired 2 Required 1 What is the company's basic earnings per share (EPS)? Choose Numerator: Basic earnings per share Choose Denominator Basic earnings per share Basic earnings per share
Kelley Company reports $1,500,000 of net income and declares $210,000 of cash dividends on its pre year-end, the company had 380,000 weighted average shares of common stock. 1. What is the company's basic earnings per share (EPS)? 2. In the prior year, Kelley had a basic earnings per share (EPS) of $3.19. Did Kelly improve its earnings per share (EPS) in the current year? Complete this question by entering your answers in the tabs below. Ruired 2 Required 1 What is the company's basic earnings per share (EPS)? Choose Numerator: Basic earnings per share Choose Denominator Basic earnings per share Basic earnings per share
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Kelley Company reports $1,500,000 of net income and declares $210,000 of cash dividends on its preferred stock for the year. At
year-end, the company had 380,000 weighted-average shares of common stock.
1. What is the company's basic earnings per share (EPS)?
2. In the prior year, Kelley had a basic earnings per share (EPS) of $3.19. Did Kelly improve its earnings per share (EPS) in the current
year?
Complete this question by entering your answers in the tabs below.
Required 1
Rquired 2
What is the company's basic earnings per share (EPS)?
Choose Numerator:
Basic earnings per share
Choose Denominator:
Required 1
Required 2 >
Basic earnings per share
Basic earnings per share
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