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Business, 28.06.2021 19:00 addidas234cs
In computing earnings per share for a simple capital structure, if the preferred stock is cumulative, the amount that should be deducted as an adjustment to the numerator (earnings) is the:a. preferred dividends in arrears. b. preferred dividends in arrears times (one minus the income tax rate).c. annual preferred dividend times (one minus the income tax rate).d. none of these.
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