Would it ever be appropriate to classify the distributions to holders of preference shares as interest expense

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Would it ever be appropriate to classify the distributions to holders of preference shares as interest expense rather than dividends? Explain your answer.

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 05, 2023 02:58 PM

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Would it ever be appropriate to classify the distributions to holders of preference shares as interest expense

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Yesin certain circumstances it could bebut it depends upon the nature of the preference shares ...View the full answer

Financial Accounting

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