Why are preferred dividends subtracted from the numerator in calculating the return on common equity ratio?

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Financial Accounting

ISBN: 978-0133375534

2nd Canadian edition

Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad

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Question Posted: Feb 12, 2018 10:39 AM

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Why are preferred dividends subtracted from the numerator in calculating the return on common equity ratio?

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Financial Accounting

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