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21. Suppose a company that has cumulative preferred stock with a fixed dividend that is greater than the amount of net income the company had.

21. Suppose a company that has cumulative preferred stock with a fixed dividend that is greater than the amount of net income the company had. This company will present: to.

a.Basic loss per share only.

b. Basic loss per share and diluted loss per share.

c. Basic loss per share and diluted earnings per share.

d. Basic earnings per share and diluted loss per share.

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