Preferred shares which guarantee the shareholder only a fixed annual dividend should be classified as:
A) Expense.
B) equity.
C) both debt and equity.
D) deferred charges.

Question

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The Answer of Preferred shares which guarantee the shareholder only a fixed annual dividend should be classified as:
A) Expense.
B) equity.
C) both debt and equity.
D) deferred charges.

Preferred Shares Which Guarantee the Shareholder Only a Fixed Annual