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Answer Cases 1 and 3 then show your solution. Name Year and Section Date Professor The RRR Company has a capitalization of 20,000 shares, 6%
Answer Cases 1 and 3 then show your solution.
Name Year and Section Date Professor The RRR Company has a capitalization of 20,000 shares, 6% P50 par value Preference Share Capital and 500,000 shares of P5 par value Ordinary Share Capital On December 31, 2009, there were no dividends in arrears. During the next five years, the company's dividend declarations were as follows: U 2010 2011 2012 P400,000 P225,000 P 37,500 2013 2014 P 75,000 P 300,000 SUN Instructions: Under each of the following assumptions, complete the schedule below which shows the amount of dividends for each class of stock. Case Case Case Case 1 2 3 4 The preference shares are cumulative and fully participating. The preference shares are noncumulative and fully participating. The preference shares are cumulative and nonparticipating. The preference shares are noncumulative and nonparticipating. Case 1 Case 2 Case 3 Case 4 Year Share Capital 2010 Preference Ordinary 60 6000 340 00 2011 Preference Ordinary 60,00 165.00 (650w 37,5W 2012 Preference Ordinary 37. IN 75, 75 2013 Preference Ordinary svou 15 2014 Preference 011011 Ordinary 67,50 23250 208929 1990 peference cumulatur - kobilangan benaran mana Wc Wabut hanggang cament durendyStep by Step Solution
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