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Don is completing an earnings per share calculation. Which is true? the nominator is divided by preferred equity in the nominator the preferred divided are

Don is completing an earnings per share calculation. Which is true? the nominator is divided by preferred equity in the nominator the preferred divided are subtracted but the common dividends are not in the nominator preferred equity is subtracted and only common equity is included in the denominator the nominator is divided by combined preferred and common equity

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