In computing basic earnings per share (EPS), the amount of preference dividends on noncumulative preference shares should be: A. deducted from net income whether declared or not B. deducted from net income only when declared C. added to net income only when declared D. ignored

In computing basic earnings per share (EPS), the amount of preference dividends on noncumulative preference shares should be: A. deducted from net income whether declared or not B. deducted from net income only when declared C. added to net income only when declared D. ignored

Name: In computing basic earnings per share (EPS), the amount of preference
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Description: In computing basic earnings per share (EPS), the amount of preference dividends on noncumulative preference shares should be:A. deducted from net income whether declared or notB. deducted from net income only when declaredC. added to net income only

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 23MC: The correct formula for the calculation of earnings per share is ________. A. B. C. D.

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