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sara Co. has outstanding 50,000 shares of 8% preference shares with a JOD10 par value and 125,000 shares of JOD3 par value ordinary shares. Dividends

sara Co. has outstanding 50,000 shares of 8% preference shares with a JOD10 par value and 125,000 shares of JOD3 par value ordinary shares. Dividends have been paid every year except last year and the current year. If the preference shares are cumulative and participating and JOD250,000 is distributed, the ordinary and Preference shareholders will receive

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