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Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: Common stock (par $1; issued and outstanding, 500,000 shares) $ 500,000

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Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: Common stock (par $1; issued and outstanding, 500,000 shares) $ 500,000 Preferred stock, 88 (par $10; issued and outstanding, 21,000 shares) 210,000 Retained Earnings 900,000 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three Independent cases are assumed: Case At The preferred stock io noncumulative; the total amount of 2021 dividends would be $30,000. Case B: The preferred stock is cumulative; the total amount of 2021 dividends would be $30,000. Dividends were not in arrears prior to 2019. Case C: Same as Case B, except the amount is $75,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. 1-5. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case Complete this question by entering your answers in the tabs below. Reg 1A Req 10 Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. Case A Case B Case C Preferred Common Total $ 0 $ 0 $ 0 Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021 Common stock (par $1; issued and outstanding, 500,000 shares) $ 500,000 Preferred stock, 81 (par $10; issued and outstanding, 21,000 shares) 210,000 Retained Earnings 900,000 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and eferred stockholders. No dividends were declared during 2019 or 2020. Three independent cases are assumed: Case A: The preferred stock in noncumulative: the total amount of 2021 dividends would be $30,000. Case B: The preferred stock is cumulative; the total anount of 2021 dividends would be $30,000. Dividends were not arrears prior to 2019. Case C: Same as Case B, except the amount is $75,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in ea case 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case ces Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Compute the amount of dividends per share payable to each class of stockholders ir dividends were declared as described in each case. (Round your answers to 2 decimal places.) Case A Case B Case C Preferred Common

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