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The capital accounts of JKL Corporation as of March 31, 2021 show the following balances: [Preference Share Capital, 5%, 5,000 shares outstanding, P20 par P100,000);
The capital accounts of JKL Corporation as of March 31, 2021 show the following balances: [Preference Share Capital, 5%, 5,000 shares outstanding, P20 par P100,000); [Ordinary Share, 30,000 shares outstanding, P10 par 300,000); [Retained Earnings 465,000); Dividends were last declared in 2018. The Board of Directors declared cash dividends of P60,000 on March 31,2021. QUESTION: How much is the dividend per share per share of preference and ordinary share assuming preference share is 5% non-cumulative and non-participating? * P3.00 for preference share and P0.83 for ordinary share O P1.00 for preference share and P1.83 for ordinary share O P4.50 for preference share and P0.75 for ordinary shareOption 1 OP2.50 for preference share and P0.95 for ordinary share
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