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Coemon stock (par $1; issued and outstanding, 41e, 900 shares) Preferred stock, 95 (par 510 ; issued and outstanding, 20,10e shares) 201, e9e Retained Earnings
Coemon stock (par $1; issued and outstanding, 41e, 900 shares) Preferred stock, 95 (par 510 ; issued and outstanding, 20,10e shares) 201, e9e Retained Earnings 892,680 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020 . Three independent cases are assumed: Case A: The preferred stock is noncunulative; the total anount of 2821 dividends would be $21, aee. Case B: The preferred stock is cumulative; the total anount of 2021 dividends would be $21, eee. Dividends were not in arrears prior to 2019. Case C: 5 ane as. Case B, except the amount is 566,800 . Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case: 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were deciared as described in each case. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in nach case. (Round your answers to 2 isecimal places.)
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