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Problem 1: In the space provided, write the word or phrase that is defined or indicated. 1. Net income minus preferred dividends divided by the

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Problem 1: In the space provided, write the word or phrase that is defined or indicated. 1. Net income minus preferred dividends divided by the weighted average of shares outstanding. 2. All changes in equity during a period except those resulting from investments by owners and distributions to owners. ni 3. A correction of an error is reported as a ~ 4. The portion of equity interest in a subsidiary not attributable to the parent company. * 5. The income statement category for a disposal of a component of a business. w 6. Relating tax expense to specific items on the income statement. o

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