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Use the information provided below to answer the following questions. Other information: - All of the shares were issued during the first year of operations
Use the information provided below to answer the following questions. Other information: - All of the shares were issued during the first year of operations (year ended October 31, 2022). - The common shares were issued for an average price of $9.8 per share. - The preferred shares were issued for an average price of $18.2 per share. - Retained Earnings at October 31,2022, was $386,000. No dividends had been paid for the year ended October 31, 2023. Answer is complete but not entirely correct. b (582,400) 5. Calculate Profit/Loss for the year ended October 31, 2023. Answer is complete but not entirely correct. \begin{tabular}{|l|ll|l|l} \hline Profit & $668,400 \\ \hline \end{tabular} 6. Assume cash dividends of $122,000 were paid during the year ended October 31,2022 . Calculate the total dividends actually paid during the year ended October 31,2022 , to the: 7. Referring to your answers in Part 6 above, calculate the dividends per share actually received by the: (Round your final answers to 2 decimal places.)
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