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essex company has a single class if common shares and a single class of cumlative...

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Accounting

essex company has a single class if common shares and a single class of cumlative preferred shares. The cumlative preferred shares require the corporation to pay an annual dividend Of $6000 to preferred shareholders. On January 1, 2018, Essex's preferred definitive were one year in arrears, which means that Essex declared neither preferred nor common dividends in 2017. From 2018 to 2019, Essex's board of directors determined that they would be able to pay definites at $10,000 and $14,000, respectively.
Show how the anticipated dependence will be split between preferred and common shareholders in 2018 and 2019
dividends to preferred sharholders in 2018:
dividends to common shareholders in 2018:
dividends to preferred shareholders in 2019:
dividends to common shareholders in 2019:

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