the aroma company paid dividends at the end of each year as follows

2019- 6,000,0002020- 9,600,0002021- 22,400,000

the corporation has 1,000,000 shares of P10 par value ordinary shares and 80,000 shares of 9% P100 par value preference share outstanding.

instructions: compute the amount of total dividends and dividend per share on both

preference share and ordinary share under each of the following assumptions.

a. preference share is non cumulative and nonparticipating

b. preference share is cumulative and participating there are two years dividends in arrears at the beginning of 2019.

c. preference share is cumulative in fully participating there are no dividends in arrears at the beginning of 2019

d. preference share is non cumulative and fully participating.