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In determining diluted earnings per share, dividends on nonconvertible noncumulative preferred stock should be Deducted from net income only if declared. Disregarded. Deducted from net

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In determining diluted earnings per share, dividends on nonconvertible noncumulative preferred stock should be Deducted from net income only if declared. Disregarded. Deducted from net Income whether declared or not. Added back to net income whether declared or not

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