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At December 31 2013 ABC Ltd has 2000, 5%, cumulative preference shares issued at $50 each and 50 000 ordinary shares. There was no change
At December 31 2013 ABC Ltd has 2000, 5%, cumulative preference shares issued at $50 each and 50 000 ordinary shares. There was no change in the issued shares in 2014. The board of directors declared and paid a $4000 dividend in 2013. In 2014, $20 000 of dividends are declared and paid. What is the amount of dividends received by the preference and ordinary shareholders in 2014? Dividends received by the preference shareholders in 2014 is: Dividends received by the ordinary shareholders in 2014 is
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