Multiple Choice
Earnings per common share result from dividing net income
A) minus preferred stock dividends by the weighted-average number of outstanding common shares during the accounting period.
B) by the weighted-average number of outstanding common shares during the accounting period.
C) minus common stock dividends by the end-of-year number of outstanding common shares.
D) minus preferred stock dividends by the end-of-year number of outstanding common shares.
E) by the end-of-year number of outstanding common shares.
Correct Answer:

Verified
Correct Answer:
Verified
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