Question: Current Attempt in Progress In calculating diluted earnings per share, how are dividends on cumulative preferred stock treated? Dividends on cumulative preferred stock are not

Current Attempt in Progress
In calculating diluted earnings per share, how are dividends on cumulative preferred stock treated?
Dividends on cumulative preferred stock are not included in the calculation of diluted EPS.
The current year dividend is added back to net income whether declared or not in the calculation of diluted EPS.
The current year dividend is deducted from net income only if declared in the calculation of diluted EPS.
The current year dividend is deducted from net income whether declared or not in the calculation of diluted EPS.
Current Attempt in Progress In calculating diluted earnings per share, how

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