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I need complete answers 7. Celtar plc has outstanding 50,000,50 par value, 5% preference shares and 360,0001 par value ordinary shares. The preference shares were

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I need complete answers

7. Celtar plc has outstanding 50,000,50 par value, 5% preference shares and 360,0001 par value ordinary shares. The preference shares were issued in January 2022 , and no dividends were declared in 2022 or 2023 . In 2024, Celtar declares a cash dividend of 500,000. How will the dividend be shared by ordinary and preference shareholders if the preference shares are (a) noncumulative and (b) cumulative

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