I'm thinking it goes like this...
Net income-Preferred dividends/average # of common shares outstanding = EPS
Is this correct?
Thanks
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I'm thinking it goes like this...
Net income-Preferred dividends/average # of common shares outstanding = EPS
Is this correct?
Thanks
Yes. But since you titled it "calculating the denominator," does that mean you're having trouble doing that part? They mean the average of the beginning and ending balances of shares.
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