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The shareholders' equity of ItP industries includes the items shown below the boord of directors of It. P declared cash dividends of $23 million, $45
The shareholders' equity of ItP industries includes the items shown below the boord of directors of It. P declared cash dividends of $23 million, $45 million, and $200 mallion in its first three vears of nneiathon 2024,2025, and 2026 , respectively. Required: 1. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuning that the preferred stock is curnulative and nonparticipating. 2. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is noncumulative and nonparticipating. Complete this question by entering your answers in the tabs below. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is cumulative and nonparticipating. Fote: Enter your answers in millions (tie., 10,000,000 should be entered as 10). Determine the amount of dividends to be paid to preferred and cornmon shareholders in each of the thre that the preferred stock is cumulative and nonparticipating. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). 1. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three preferred stock is cumulative and nonparticipating. 2. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three y preferred stock is noncumulative and nonparticipating. Complete this question by entering your answers in the tabs below. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, at that the preferred stock is noncumulative and nonparticipating. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10)
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