lease answer in good accounting form. Thankyou HAWKEYE Corporation has the following shareholders' equity accounts as of December 31, 2021: 6% Preference shares, ₱10 par - ₱200,000; Ordinary shares, ₱10 par - ₱300,000; Accumulated profits - ₱80,000. Dividends have not been declared for the years 2019 to 2021. The whole amount of the accumulated profits of ₱80,000 was declared as dividend on December 31, 2021. How much dividend per share shall an ordinary shareholder have if the preference share is cumulative and participating up to 21%
lease answer in good accounting form. Thankyou HAWKEYE Corporation has the following shareholders' equity accounts as of December 31, 2021: 6% Preference shares, ₱10 par - ₱200,000; Ordinary shares, ₱10 par - ₱300,000; Accumulated profits - ₱80,000. Dividends have not been declared for the years 2019 to 2021. The whole amount of the accumulated profits of ₱80,000 was declared as dividend on December 31, 2021. How much dividend per share shall an ordinary shareholder have if the preference share is cumulative and participating up to 21%
Chapter1: Financial Statements And Business Decisions
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Please answer in good accounting form. Thankyou
HAWKEYE Corporation has the following shareholders' equity accounts as of December 31, 2021: 6% Preference shares, ₱10 par - ₱200,000; Ordinary shares, ₱10 par - ₱300,000;
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