When Computing Earnings Per Share,preferred Dividends Are Subtracted from Net

question 6

True/False

When computing earnings per share,preferred dividends are subtracted from net income because the preferred stockholders have the first claim to dividends.

---

Definitions:

Freelance Articles

Freelance articles are pieces of writing created by individuals who are self-employed and not committed to a particular employer long-term.

Commuting Costs

Expenses incurred by individuals when traveling from their residence to their place of work or study and back.

Real Estate Boom

A period during which the prices and demand for real estate significantly rise.

Budget Constraint

Describes the combinations of goods and services that a consumer can purchase given their income and the prices of these goods and services.