Earnings per Share: Earnings per share, is the total amount of net income available to shareholders, divided by the number of average weighted outstanding shares. Its given by the following formula: E a r n i n g P e r S h a r e = N e t I n c o m e − Pr e f f e r r e d D i v d e n d W e i g h t e d A v e r a g e O u t s tan d i n g S h a r e s Requirement 1: To Determine: Net Income available to each shareholder for 2017.

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Chapter 13, Problem 12E

To determine

Earnings per Share:

Earnings per share, is the total amount of net income available to shareholders, divided by the number of average weighted outstanding shares. Its given by the following formula:

$E a r n i n g P e r S h a r e = \frac{N e t I n c o m e - \Pr e f f e r r e d D i v d e n d}{W e i g h t e d A v e r a g e O u t s \tan d i n g S h a r e s}$

Requirement 1:

To Determine: Net Income available to each shareholder for 2017.

To determine

Requirement 2:

To Determine: Earnings per share for 2017

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