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Q30 Which of the following statements regarding preferred dividends is not true? a-Preferred dividends...

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Accounting

Q30 Which of the following statements regarding preferred dividends is not true?

a-Preferred dividends are added to net income in the calculation of earnings per share.

b-Preferred dividends are paid out before common dividends.

c-Preferred dividends are normally fixed.

d-Preferred dividends must be declared by the companys board of directors.

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