Question 11 Calculating Dividends Dubai Distribution Company has following share capital: 6% Preferred shares, $200 par value, cumulative, 10,000 shares authorized, 8,000 issued and 6,000 shares outstanding. Common shares, $250 par value, 12,000 shares authorized, 9,000 shares issued and 4,000 outstanding Required: (a) Assume that the company wants to pay a total dividend of $600,000 and there are two years of preferred dividends in arrears, how much would each class of shareholders receive in total? And per share? (b) If a company does not pay a dividend, is this a sign that it is not performing well? Analyze fully.