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216.000 Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: Common stock (par $1; insued and outstanding, 560,000 shares) $

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216.000 Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: Common stock (par $1; insued and outstanding, 560,000 shares) $ 560,000 Preferred stock, 98 (par $10; issued and outstanding, 21,600 shares) Retained Earnings 906,000 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three independent cases are assumed: Care At The preferred stock io noncumulative; the total amount of 2021 dividenda vould be $36,000. Cane D: The preferred stock is cumulative; the total amount of 2021 dividends would be $36,000. Dividends were not in arrears prior to 2019. Case Ct Sune an Cane , except the amount 1. $81,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders ir dividends were declared as described in each 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case case. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in cach che Preferred Common Total Case A Case B Case C $ 19,440 $ 36,000 $ 58,320 16,560 ol $ 36,000 $ 36,000 $ 58 320 Req 18> Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021 Connon stock (par $1; isased and outstanding, 560,000 shares) $ 500,000 Preferred stock, 91 par $10; Inwond and outstanding, 21,600 hares) 216,000 Retained Earnings 906,000 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three independent cases are assumed: Case Al The preferred stock is Boncumulative; the total amount of 2021 dividends would be $36,000. Cave Bi The preferred stock is cumulative; the total amount of 2021 dividende would be $36,000. Dividends were not in arrears prior to 2019. Case Ct Same as Case , except the amount is $81,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in case each case. Complete this question by entering your answers in the tabs below. Reg 1A Red 1 Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case. (Round your answers to 2 decimal places) Case A Case Case Preferred Common

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