Angwer the following questions about Fail Safe Corp's dividends. Click the icon to view the shareholders' equity of the corporation.) Required 1. How much in dividends must Fail Safe declare each year before the common shareholders receive cash dividends for the year? 2. Suppose Fail Safe declares cash dividends of $28.000 for 2020. How much of the dividends go to preferred shareholders? How much goes to common shareholders? 3. Are Fail Safe's preferred shares cumulative or noncumulative? How can you tell? 4. Suppose Fal Safe did not pay the preferred dividend in 2018 and 2019. In 2020, Fail Safe declares cash dividends of $42.000. How much of the dividends go to preferred shareholders? How much goes to common shareholders? Requirement 1. How much in dividends must Fail Safe declare each year before the common shareholders receive cash dividends for the year? The amount of dividends Fal Safo must declare each year before the common shareholders receive cash dividends for the year is $ Requirement 2. Suppose FavSafe declares cash dividends of $28,000 for 2020. How much of the dividends go to preferred shareholders? How much goes to common shareholders? Preferred shareholders receives Common shareholders receive Requirement 3. Ave Fail Safe's preferred shares cumulative or noncumulative? How can you tell? s vuestion: 2 pts 3:00.00 Sum 8 of 11 (10 completa) This Test: 20 pts poss Answer the following questions about Fail Sale Corp's dividends. Click the icon to view the shareholders' equity of the corporation) Required 1. How much in dividends must Fail Sale declare each year before the common shareholders receive cash dividends for the year? 2. Suppose Fail Safe declares cash dividends of $28,000 for 2020. How much of the dividends go to preferred shareholders? How much goes to common shareholders? 3. Are Fall Sate's preferred shares cumulative or no cumulative? How can you tell? 4. Suppose Fal Safe did not pay the preferred dividend in 2018 and 2019 in 2020. Falafo dederos cash dividends of $42.000. How much of the dividendo go to preferred shareholders? How much goes to common shareholders? Requirement 3. Are Fal Safe's preferred shares cumulative of noncumulative? How can you tell? Fail Safe Corp's preferred shares are because they are designated as Requirement 4. Suppose Fal Safe did not pay the preferred dividend in 2018 and 2019. In 2020. Fail Sato declares cash dividends of 42,000. How much of the dividends go to preferred shareholders? How much goes to common shareholders? Preferred gets $ Common gots 5 8 of 11 (10 complete) ad Shareholders' equity - X ti 1 Jon si dende - Fail Safe Corp. Balance Sheet (Partial) December 31, 2020 Shareholders' Equity Contributed capital Preferred shares, $5.00, 10,00 shares authorized, 3,000 shares issued and outstanding Common shares, 100,000 shares authorized, 30,000 shares issued and outstanding Total contributed capital Retained earnings Total shareholders' equity $ 96,000 so IN 154,000 th of th 250,000 667,000 917,000 Print Done Chp
