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Why do you only subtract the preferred dividends from Net Income to calculate the EPS but not the common stock dividends? If the common stock dividends are paid out they are no longer available do distribute over the common stock shares.
Accounting Basics, Accounting
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1. ‘Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not? 2. ‘Classification of liabilities as current or non-current is not that importan ...
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