If preferred stock is outstanding

If preferred stock is outstanding - shares outstanding.

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If preferred stock is outstanding, the current year's dividend declared on preferred stock  is deducted from net income prior to dividing by weighted average number of common 
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This note was uploaded on 11/15/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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If preferred stock is outstanding - shares outstanding.

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