Mayan company had net income of $31,570. the weighted-average common shares outstanding were 8,200. the company has no preferred stock. the company's basic earnings per share is:_____.

Earnings per share (EPS) is calculated by dividing a company's profit by the number of outstanding shares of common stock. The resulting number is used to determine a company's profitability.

It is common for a company to report earnings per share (EPS) that have been adjusted for unusual items and potential share dilution. To calculate basic earnings per share, simply divide the previous year's total annual net income by the total number of outstanding shares.
Here's an example of a basic EPS calculation: A company's net income in 2019 is $5 billion, and it has 1 billion outstanding shares.
After gathering the necessary information, enter the net income, preferred dividends, and number of outstanding common shares into three adjacent cells, say B3 through B5. To subtract preferred dividends from net income, enter the formula "=B3-B4" in cell B6. To calculate the EPS ratio, enter the formula "=B6/B5" in cell B7.

To learn more about EPS refer to

https://brainly.com/question/26199974

#SPJ4