Which of the Following Statements About Financial Ratios Is FALSE

Multiple Choice

Which of the following statements about financial ratios is FALSE?

A) When calculating return on assets,preferred dividends are subtracted from net income.
B) When calculating return on equity,preferred dividends are subtracted from net income.
C) When calculating the price-earnings ratio,preferred dividends are subtracted from market price per share.
D) When calculating earnings per share,preferred dividends are subtracted from net income.