I know the equation is Net Income-Preferred Dividends/ Outstanding Shares. I'm about to lose my mind because my homework program keeps telling me I'm wrong but wont provide the correct answer.
Net Income is $54,587,000
No preferred dividends
Outstanding Shares is 66, 282,000
It says round answers to 2 decimal places (ex 15.25)
I keep getting the decimal 0.82355
I've tried entering 0.82, 00.82, 00.8235 but they say its not right and I'm getting frustrated.