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At December 31, 20x4 and 20x5 Maki Corporation had outstanding 30,000 shares of P100 par value 6% cumulative preference share and 200,000 shares of P10
At December 31, 20x4 and 20x5 Maki Corporation had outstanding 30,000 shares of P100 par value 6% cumulative preference share and 200,000 shares of P10 par value Ordinary Shares. At December 31, 20x4, dividends in arrears on the preference share were P120,000. Cash dividends of P360,000 were declared in 20x5 1. Compute for the dividends per share for the Ordinary Share 2. Compute for the number of dividends given to the Preference Shares
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