When the company has 20,000 shares of preferred stock and $10,000 in dividends are paid in year 1, preferred stockholders receive $fill in the blank 1
in year 1 and common shareholders receive $fill in the blank 2
in year 1.
2. when the company has 20,000 shares of preferred stock and $10,000 in dividends are paid in year 1, and $45,000 in dividends are paid in year 2, preferred stockholders receive $fill in the blank 3
in year 2 and common shareholders receive $fill in the blank 4
in year 2.
3. when the company has 25,000 shares of preferred stock and $18,000 in dividends are paid in year 1, preferred stockholders receive $fill in the blank 5
in year 1 and common shareholders receive $fill in the blank 6
in year 1.
4. when the company has 25,000 shares of preferred stock and $18,000 in dividends are paid in year 1, and $45,000 in dividends are paid in year 2, preferred stockholders receive $fill in the blank 7
in year 2 and com