a Dulige's screen View Options - References Mailings Review View Help - A A A - AEE21 ZADA EL-B- eo Heading 3 11 No soc Heating Heating 2 Heading 4 Subtle 11 A Sample case 13 "BHP Billiton Chairman explained why company's executive remuneration was so high at the annual general meeting while addressing shareholders. However, it was not enough to head off a massive protest vote from the company's disgruntled investors, who have witnessed BHP share price drops. while dividends have shrunk. Almost 72% of the shareholder votes were directed against the remuneration report, which outlines the salary and bonuses received by directors and senior executives. Some shareholders want to declare dividends from the profit shown in the income statement after the end of the reporting period". Required 1. Consider the above case and explain whether shareholders claim is ethical in respect of executive remuneration and declaration of dividends from the profit shown in the income statement after the end of the reporting period. 2. Explain the nature of share of BHP Billiton by distinguishing between an ordinary share and a preference share. (Assume that BHP Billiton had issued 20% of preference shares with a fixed dividend and redeemed at a fixed time.) 3. If a company declare a final dividend to shareholders, under what conditions would such a dividend declaration create a liability that would be required to be disclosed in the statement of financial position Show Journal entries. de 59 + Share Screen Participants Chat Record Reactions