HZ Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000 shares of P5 par value ordinary share on December 31, 2021. On December 2021, dividends in arrears on the preference share were P8.000. Cash dividend declared in 2021 totaled P30.000. How much is the dividend per share of preference share? O P12 O P9 O P8 O P7

HZ Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000 shares of P5 par value ordinary share on December 31, 2021. On December 2021, dividends in arrears on the preference share were P8.000. Cash dividend declared in 2021 totaled P30.000. How much is the dividend per share of preference share? O P12 O P9 O P8 O P7

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1.
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PROVIDE COMPUTATION
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