At December 31, 2009, Hansen Corporation had 50,000 shares of common stock and 5,000 shares of 6%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2009. Net income was reported as $200,000. What is basic EPS?
A)$4.00.
B)$3.40.
C)$3.64.
D)$4.02.

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The Answer of At December 31, 2009, Hansen Corporation had 50,000 shares of common stock and 5,000 shares of 6%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2009. Net income was reported as $200,000. What is basic EPS?
A)$4.00.
B)$3.40.
C)$3.64.
D)$4.02.

At December 31, 2009, Hansen Corporation Had 50,000 Shares of Common