Question
When calculating earnings per share, dividends declared on noncumulative preferred stock, but not paid, should be a. deducted from net income in the earnings per
When calculating earnings per share, dividends declared on noncumulative preferred stock, butnotpaid, should be
a. deducted from net income in the earnings per share numerator.
b. deferred from the earnings per share numerator until paid.
c. accrued in the earnings per share numerator when paid.
d. added to net income in the earnings per share numerator.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
