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Solve this please 4. Cumulative and participating preference shares Faela corporation has the following share capital balances as of December 31, 2020: The last dividend
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4. Cumulative and participating preference shares Faela corporation has the following share capital balances as of December 31, 2020: The last dividend paid was in 2017. On December 28, 2020, the corporation declared 2,000,000 cash dividend to be paid on January 15 , 2021 to shareholders of record as of December 31, 2020. a. How much dividend should be distributed to ordinary and preference shareholders, respectively? b. How much is the cash dividend per preference and ordinary share
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