Preferred stock dividends:
A) are deducted after net income is calculated.
B) are deducted from retained earnings.
C) are subtracted from operating income.
D) are deducted before net income but after interest expense is calculated.

Question

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The Answer of Preferred stock dividends:
A) are deducted after net income is calculated.
B) are deducted from retained earnings.
C) are subtracted from operating income.
D) are deducted before net income but after interest expense is calculated.

Preferred Stock Dividends