Question Help Golden Inc. has the following shareholders' equity ES (Click the icon to view the data.) Answer these questions about Golden's dividends: 1. Are Golden Inc.'s preferred shares cumulative or noncumulative? How can you tell? Assume there are no dividends in arrears. 2. Suppose Golden Inc. declares cash dividends of $23,000 for 2020. How much of the dividends goes to preferred shares? How much goes to common shares? 3. Suppose Golden Inc. did not pay the preferred dividend in 2018 and 2019. In 2020, the company declares cash dividends of $23,000. How much of the dividends goes to preferred shares? How much goes to common shares? 1. Are Golden Inc.'s preferred shares cumulative or noncumulative? How can you tell? Assume there are no dhidends in arrears. Golden's preferred shares are because they are specifically designated as 2. Suppose Golden Inc declares cash dividends of $23,000 for 2020. How much of the dividends goes to preferred shares? How much goes to common shares? Golden's dividend would be divided between preferred and common shares in this manner. Golden's preferred shares dividend for 2020 Golden's common shares dividend for 2020 Enter any number in the edit fields and then continue to the next question. ? Shareholders' equity 3 Preferred shares, $0.05, cumulative, liquidation value $0.60 80,000 shares authorized, 75,000 shares issued and outstanding $ 24.000 Common shares, 1,000,000 shares authorized and issued and outstanding 150.000 165.000 Retained earnings hu Total shareholders' equity 339.000 Print Done