X Answer these questions about Gamet's dividends 1. Are Garnet inc's preferred shares cumulative or noncumulative? How can you tell Assume there are no dividends in arrears 2. Suppose Gamnet Inc declares cash dividends of $24.000 for 2020 How much of the dividends goes to preferred shares? How much goes to common shares? 3. Suppose Garnet inc did not pay the preferred dividend in 2018 and 2019. In 2020, the company declares cash dividends of $24.000 Hachette dende goes to common shares? Shareholders equity 1. Are Garnet inc's preferred shares cumulative or no cumulative? How can you tel? Assume there are no dividends in areas Garnet's preferred shares are cumulative because they are specifically designated as cumulative Preferred shares0015.convetion 10 2. Suppose Garnet Inc declares cash dividends of 524.000 to 2020. How much of the dividendo goes to preferred shares? How much 55 000 shares worked 50.000 shares and Garnet's dividend would be divided between preferred and common shares in this manner Common shares 1 500 000 shares authorized and issued and outstanding Gamer's preferred shares dividend for 2020 Retained earnings Garnet's common shares dividend for 2020 Total shareholders' equily 3000 3750 Enter any number in the edities and then click Check Answer Put Done X Answer these questions about Gamet's dividends 1. Are Garnet inc's preferred shares cumulative or noncumulative? How can you tell Assume there are no dividends in arrears 2. Suppose Gamnet Inc declares cash dividends of $24.000 for 2020 How much of the dividends goes to preferred shares? How much goes to common shares? 3. Suppose Garnet inc did not pay the preferred dividend in 2018 and 2019. In 2020, the company declares cash dividends of $24.000 Hachette dende goes to common shares? Shareholders equity 1. Are Garnet inc's preferred shares cumulative or no cumulative? How can you tel? Assume there are no dividends in areas Garnet's preferred shares are cumulative because they are specifically designated as cumulative Preferred shares0015.convetion 10 2. Suppose Garnet Inc declares cash dividends of 524.000 to 2020. How much of the dividendo goes to preferred shares? How much 55 000 shares worked 50.000 shares and Garnet's dividend would be divided between preferred and common shares in this manner Common shares 1 500 000 shares authorized and issued and outstanding Gamer's preferred shares dividend for 2020 Retained earnings Garnet's common shares dividend for 2020 Total shareholders' equily 3000 3750 Enter any number in the edities and then click Check Answer Put Done