Question
ABC company has 10,000, preferred stocks of 10%, OMR 20 face value, outstanding at December 31, 2019. At December 31, 2019, the board of directors
ABC company has 10,000, preferred stocks of 10%, OMR 20 face value, outstanding at December 31, 2019. At December 31, 2019, the board of directors declared a OMR 80,000 "Cash dividend". Calculate the dividend paid to preference shareholders in the following a) If the preference share is cumulative, and the entity has paid all dividend for the past years. b) If the preference share is non - cumulative, and the entity undistributed any dividend for the last 3 years c) If the preference share is cumulative, and the entity do not distribute dividend for the last 2 years
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