Basic earnings per share is computed as Answer Net Income / Total Number of Common Shares Outstanding (Net Income − Preferred Dividends) / Total Number of Common Shares Outstanding (Net Income − Preferred Dividends) / Weighted-Average Number of Common Shares Outstanding Net Income / Weighted-Average Number of Common Shares Outstanding

Basic earnings per share is computed as

Answer

		Net Income / Total Number of Common Shares Outstanding
		(Net Income − Preferred Dividends) / Total Number of Common Shares Outstanding
		(Net Income − Preferred Dividends) / Weighted-Average Number of Common Shares Outstanding
		Net Income / Weighted-Average Number of Common Shares Outstanding

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