Question: In the calculation of basic EPS, how are dividends declared on cumulative preferred stock treated? Question 3 0 options: Deducted from net income. Ignored in

In the calculation of basic EPS, how are dividends declared on cumulative preferred stock treated?
Question 30 options:
Deducted from net income.
Ignored in the calculation.
Treated as an extraordinary item.
Added back to net income.

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