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Chicago Company reported the following information at the end of the current year. Common stock $10 par value: 48.000 shares outstanding) Preferred stock. 158 515

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Chicago Company reported the following information at the end of the current year. Common stock $10 par value: 48.000 shares outstanding) Preferred stock. 158 515 par value: 9.500 shares outstanding) Retained earnings $480,000 142.500 288,500 The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other Case AThe preferred stock is noncumulative; the total amount of all dividends is $38,500 Case B. The preferred stock is cumulative; the total amount of all dividends is $64,125 Case C The preferred stock is cumulative; the total amount of all dividends is $91,500 Required: 1. Compute the amount of dividends, in total and per share that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of dividends, in total and per share that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Dividends Common Dividends per Share Preferred Common Preferred Total Case A Case B Caso C Required Required 2 > Chicago Company reported the following information at the end of the current year. Common stock ($10 par value: 48,000 shares outstanding) Preferred stock. 15% ($15 par value: 9.500 shares outstanding) Retained earnings $480,000 142,500 288,500 The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other. Case A The preferred stock is noncumulative; the total amount of all dividends is $38,500 Case B. The preferred stock is cumulative; the total amount of all dividends is $64.125. Case C: The preferred stock is cumulative; the total amount of all dividends is $91,500 Required: 1. Compute the amount of dividends. In total and per share, that would be payable to each class of stockholders for each case (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume Chicago Company issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $24. Fill in the table below to show how this stock dividend would compare to Case C (Leave no cells blank - be certain to enter "0" wherever required) AMOUNT OF DOLLAR INCREASE (DECREASE) Item Cash Dividend Case C Stock Dividend Assets Liabilities Stockholders' equity

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