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In determining earnings per share, dividends for the current year on noncumulative preferred stock should be added back to net income whether declared or not.
In determining earnings per share, dividends for the current year on noncumulative preferred stock should be
| added back to net income whether declared or not. |
| disregarded. |
| deducted from net income only if declared. |
| deducted from net income whether declared or not. |
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
23rd edition
1337794759, 978-1337794756
