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plz need in half and hour plz and thanks Massive Corp. is authorized to issue unlimited 50 60 no par preferred shares and unlimited no
plz need in half and hour
Massive Corp. is authorized to issue unlimited 50 60 no par preferred shares and unlimited no par common shares. There are 16.000 preferred and 48,000 common shares outstanding. In a five-year period, annual dividends paid were 51000 53.000, $85.000 $6,000, and $170,000, respectively Required: Calculate the amount of dividends that would be paid to each share class for each year under the following separate cases. Where applicable, the matching dividend per common share is $100 Cose A Preferred shares are cumulative and non-participating Total Paid Pretend common Year 1 2 3 Partial Partial Arrears Current Total Partial Arrears Current Total $ Os 05 4 5 $ OS 05 Case B Preferred shares are non-cumulative and non-participating. Year Total Paid Preferred Common 1 2 3 $ 0 4 5 $ 0 Case C Preferred shares are non-cumulative and fully participating. Participation is based on the relative number of shares outstanding Year Total Paid Preferred Common 1 2 Current Current Current Matching Balance Total Current Current Matching Balance Total $ 0 $ 0$ 0 4 5 $ 05 0 $ 0 Case D Preferred shares are non-cumulative and partially participating up to an additional $0.60 per share. Participation is based on relative annual total base dividends. (Round allocation percentages values to nearest whole percent.) Year Total Paid Preferred Common 1 Current Current 2 3 $ OS 05 4 5 Current Matching Balance Total Current Current Matching Balance Total $ 0$ 0 $ 0 plz and thanks
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