its intermediat accounting

VIEW TABLE TOOLS DESIGN LAYOUT One-day Assignment. Final. - Word YOUT REFERENCES MAILINGS REVIEW A Aa E A.YA. E=3 . Paragraph AaBbCel AaBbct AaBbcc AaBbc AaE Heading 5 1 Normal No Space Heading 1 Hea E. Styles Question 2 Dividends Policy (CLO83) (6 marks) In 2017. Nabil Company is to distribute $150.000 as cash dividends, its outstanding common Share has a par value of $450,000, and its 6% preferred Share has a par value of $150,000. Instructions: How much would Nabil Company distribute dividends to each class, employing the assumptions given below? a) Preferred Share is noncumulative and nonparticipating b) Preferred Share is cumulative and nonparticipating, and Nabil Company did not pay dividends on the preferred Share in the preceding two years c) Preferred Share is noncumulative and is fully participating d) Preferred Share is cumulative and is participating in excess of a 9% dividend rate on the ordinary shares, and Nabil Company did not pay dividends on the preferred Share in the preceding two years Question Basic and diluted earnings per share CLO4) (6 marks) te PL