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Assuming that the directors decide to declare total dividends in the amount of $ 4 4 4 , 0 0 0 , determine how much
Assuming that the directors decide to declare total dividends in the amount of $ determine how much each class of shares should receive if the preferred shares are noncumulative and are participating in distributions in excess of a dividend rate on the common shares. Note that one years dividends are in arrears on the preferred shares, which pay a dividend of $ per share. Round intermediate percentage calculations to decimal places, eg and final answers to decimal places, eg
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