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with financial accounting- computing dividends on preferred shares and analyzing differences.

the question asks for paid to preferred shareholders and paid to common shareholders for cumulative and non cumulative

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E17 Computing Dividends on Preferred Shares and Analyzing Differences ( 103 , LO4 )
At December 31 2016 , the records of Hethe Company reflected the following balances in the shareholders equity accounts
Car Ton shares per 514 per share 60 god shares outstanding
Preferred shares to percent Der 510 per share good shares outstanding
Retained earnings : 5230 090
On January 1 2017 the board of directors was considering the distribution of a 57507 cash dividend . No a widens were paid during 20:5 and 2016
Required
Determine the total and berstare air outs that would be paid to the common shareholders and to the preferred shareholders under two independent assumptions
He . The preferred shares are non - curt s ative Round
your per share amount to 2 decimal places .
Total
Per Share
Paid to preferred shareholders
Paid to common shareholders
to The preferred shares are cumulative ( Found your per share amount to I decimal places )
Total
Per Share
Paid to preferred shareholders
Paid to common shareholders

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