Evaluate the basic earnings per share

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Reference no: EM139930

Calculate basic EPS, Ringemup, Inc. had net income of $473,400 for its fiscal year ended October 31, 2009. During the year the company had outstanding 38,000 shares of $4.50, $ 50 par value preferred stick and, 105,000, shares of common stock.

What are the basic earnings per share?

Reference no: EM139930

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Evaluate the basic earnings per share : Evaluate the basic earnings per share - Determine basic EPS, Ringemup, Inc. had net income of $473,400 for its fiscal year ended October 31, 2009

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