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Allocating dividends between common and cumulative preferred shares the outstanding share capital of sheng inc. 4 3 , 0 0 0 shares of $ 9
Allocating dividends between common and cumulative preferred shares
the outstanding share capital of sheng inc. shares of $ cumulative preferred and common shares, all issued during the first year of operations. during its first four years of operations the corporation declared and paid the following amounts in dividends:
year $
Year $
Year $
Year $
Determine the total dividends paid in each year to each class of shareholders. Also determine the total dividends paid to each class over the four years.
Allocating dividends between common and noncumulative preferred shares
determine the total dividends paid each year to each class of shareholders from above under assumption that the preferred shares are noncumulative. also determine the total dividends paid to each class over the four years.
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