Preferred dividends are subtracted from net income but not income before extraordinary items in computing earnings per share

a. true
b. false

Answer: b. false

Business

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The market for detergent soaps is more likely to suffer from a decrease in profits due to higher

bargaining power of buyers than the market for mobile phones. Indicate whether the statement is true or false

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The ________ hears cases brought against the United States

A) U.S. Supreme Court B) U.S. Tax Court C) U.S. Court of Federal Claims D) U.S. District Court

Business