Homework: Chapter 13 Homework Score: 0 of 3 pts 3 of 9 (6 complete) Starter 13-9 (similar to) Golden Inc. has the following shareholders equity Click the icon to view the data) Answer these questions about Golden's dividends 1. Are Golden Inc.'s preferred shares cumulative or noncurative? How can you sure there are no dividends in areas 2. Suppose Golden Inc declares cash dividends of $19.000 for 2020 How much of the vidents goes to preferred shares? How much goes to common shares? 3. Suppose Golden Inc did not pay the preferred vidend in 2013 and 2019 in 2020, the company declares cash dividends of $19,000 How much of the dividends goes to preferred shares? How much goes to common shares? 1. Are Golden Ine's preferred shares cumulative or no cumulative? How can you resume there are no dividends in areas Golden's preferred shares are because they are specifically designated as Shareholders' equity 35,000 Preferred shares, 5005, cumulative, quation value 50 90 65,000 shares authorized 60 000 shares issued and outstanding Common shares, 1.300.000 shares authorized and issued and outstanding Rendering Total shareholders out 250.000 140.000 05.000 5 Print Done