Question 17 The equity section of ABC Company at December 31 is as follows. Not yet answered Marked out of 7.00 P Flag question $300,000 ABC Company Statement of Financial Position (partial) Equity Share capital-preference, cumulative, 10,000 shares authorized, 5,000 shares issued and outstanding Share capital-ordinary, no par, 750,000 shares authorized, 600,000 shares issued Retained earnings Less: Treasury shares-ordinary (75,000 shares) Total equity 1,200,000 1,858,000 75.000 $3,283,000 How many ordinary shares are outstanding? Answer: Question 18 Assuming there is a stated value, what is the stated value of the ordinary shares? Not yet answered Marked out of 7.00 Answer: P Flag question Question 19 If dividends of $48,000 were in arrears on preference shares, what would be the balance in Retained Earnings? Not yet answered Marked out of 7.00 Answer: P Flag question Question 20 Not yet answered If the annual dividend on preference shares is $24,000, what is the dividend rate on preference shares? (cara menjawab: Gunakan tanda "%" pada jawaban yang diperoleh. Contoh: 3%) Marked out of 7.00 Answer: P Flag question Question 21 What is the par value of the preference shares? Not yet answered Answer: Marked out of 7.00 P Flag