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The shareholders' equity of Wang Industrles Includes the data shown below. During 2025 , cash dividends of $150 million were declared. Dividends were not declared
The shareholders' equity of Wang Industrles Includes the data shown below. During 2025 , cash dividends of $150 million were declared. Dividends were not declared in 2023 or 2024. Requlred: Determine the amount of dividends payable to preferred shareholders and to common shareholders under each of the following two assumptions regarding the characterlstics of the preferred stock. Note: Enter your answers in millions (l.e., 10,000,000 should be entered as 10). Assumption A - The preferred stock is noncumulatlve. Assumption B - The preferred stock is cumulative
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