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  1. business
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  3. kelley company reports $1,875,000 of net income an

Kelley Company reports $1,875,000 of net income and declares $262,500 of cash dividends on its...

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Accounting

Kelley Company reports $1,875,000 of net income and declares $262,500 of cash dividends on its preferred stock for the year. At year-end, the company had 390,000 weighted-average shares of common stock.
What is the company's basic earnings per share (EPS)?
In the prior year, Kelley had a basic earnings per share (EPS) of $3.93. Did Kelly improve its earnings per share (EPS) in the current year?
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What is the company's basic earnings per share (EPS)?
\table[[Basic earnings per share,,],[Choose Numerator:,I,Choose Denominator:,,],[Net income available to common stockholders,/,Weighted-average outstanding shares,=,Basic earnings per share]]
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