When earnings per share is computed, dividends on preferred stock are ( (p .613) ) a. Added
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When earnings per share is computed, dividends on preferred stock are ( \(p .613\) )
a. Added because they represent earnings to the preferred stockholders
b. Subtracted because they represent earnings to the preferred stockholders
c. Ignored because they do not pertain to the common stock
d. Reported separately on the income statement
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Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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