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Someone help Problem 8 Togo Inc. has the following shares outstanding: 4U.UEID. $0.3U. no par value preferred shares MUELDDU cocoa no par value common shares

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Problem 8 Togo Inc. has the following shares outstanding: 4U.UEID. $0.3U. no par value preferred shares MUELDDU cocoa no par value common shares $,0t] All shares were sold for $10G each. No dividends have been declared since December 31, 2011. It is now December 31. 2014. and the beard of directors wants to distribute $2G4.G in dividends. Instructions Calculate how much the preferred and common shareholders will receive under each of the following assumptions: a. The preferred is nonrcumulave and nonrparticipating. b. The preferred is cumulative and non-participating. c. The preferred is cumulative and fully participating. d. The preferred is cumulative and participating to 12% total

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