Alloy Inc. has the following shareholders' equity Click the icon to view the data.) Answer these questions about Alloy's dividends: 1. Are Alloy Inc.'s preferred shares cumulative or noncumulative? How can you tell? Assume there are no dividends in arrears. 2. Suppose Alloy Inc declares cash dividends of $14,000 for 2020. How much of the dividends goes to preferred shares? How much goes to common shares? 3. Suppose Alloy Inc. did not pay the preferred dividend in 2018 and 2019. In 2020, the company declares cash dividends of $14,000. How much of the dividends goes to preferred shares? How much goes to common shares? 1. Are Alloy Inc.'s preferred shares cumulative or noncumulative? How can you tell? Assume there are no dividends in arrears Alloy's preferred shares are because they are specifically designated as 2. Suppose Alloy Inc. declares cash dividends of $14,000 for 2020. How much of the dividends goes to preferred shares? How much goes to common shares? Alloy's dividend would be divided between preferred and common shares in this manner. Alloy's preferred shares dividend for 2020 Alloy's common shares dividend for 2020 3. Suppose Alloy Inc. did not pay the preferred dividend in 2018 and 2019. In 2020, the company declares cash dividends of $14,000. How much of the dividends goes to preferred? How much goes to common shares? Alloy would allocate the cash dividends of $14,000 as follows: Alloy's preferred shares dividend for 2020 Alloy's common shares dividend for 2020 Enter any number in the edit fields and then continue to the next question, c. has the following shareholders' equity lick the icon to view the data.) - these questions about Alloy's dividends: Alloy Inc.'s preferred shares cumulative or noncumulative? How can you tell? Assume there are no dividends in arrears. pose Alloy Inc, declares cash dividends of $14,000 for 2020. How much of the dividends goes to preferred shares? How ch goes top opose Alloy 2,000. How Shareholders' equity - X h dividends of Alloy inc. S ends in preferred 34,000 ppose Alloy d shares? much goes Preferred shares, $0.015, cumulative, liquidation value $0.70 65,000 shares authorized, 60,000 shares issued and outstanding $ Common shares, 1,100,000 shares authorized and issued and outstanding Retained earnings $ Total shareholders' equity s dividend 165,000 145,000 344,000 y's preferred y's common uppose Alloy 000. How my Print h dividends of Done would allocate the COSITUIVICIOTTOS O TUTOWS y's preferred shares dividend for 2020 ay's common shares dividend for 2020 er any number in the edit fields and then continue to the next