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Pontevedra Inc. has 10,000 shares of 3%, Php50 par value, cumulative preference shares and 50,000 ordinary shares with a Php10 par value outstanding at December
Pontevedra Inc. has 10,000 shares of 3%, Php50 par value, cumulative preference shares and 50,000 ordinary shares with a Php10 par value outstanding at December 31, 2020, and December 31, 2021. The board of directors declared and paid a Php11,000 dividend in 2020. In 2021, Php48,000 of dividends were declared and paid. What are the dividends received by the ordinary shareholders in 2021? O Php30,000 Php19,000 Php33,000 Php29,000 Other: 13
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