Question: Basic EPS In determining basic earnings per share, dividends on nonconvertible cumulative preferred stock should be: a . deducted from net income only if declared

Basic EPS
In determining basic earnings per share, dividends on nonconvertible cumulative preferred stock should be:
a. deducted from net income only if declared
b. added back to net income whether declared or not
c. deducted from net income whether declared or not
d. disregarded
Basic EPS In determining basic earnings per share, dividends on nonconvertible

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