which of the following assumptions is not likely to be met in the real world?

Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2018 Common stock (par $1; outstanding, 440,000 shares) Preferred stock, 9% (par $10; outstanding, 20,400 shares) Retained Earnings $ 440,000 204,000 894,000 On December 31, 2018, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2016 or 2017. Three independent cases are assumed: Case A: Case B: Case C: The preferred stock is noncumulative; the total amount of 2018 dividends would be $24,000. The preferred stock is cumulative; the total amount of 2018 dividends would be $24,000. Dividends were not in arrears prior to 2016. Same as Case B, except the amount is 569,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as describe each case. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. Case A Case B Case C Preferred Common Total Ronn Reg 1B > 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case. (Round your answers to 2 decimal places.) Case A Case B Case C Preferred Common ( Req1A