Manly Inc. has 50,000shares of 5% cumulative preference shares 50 par and 100,000 ordinary shares 100 par. During its first three years of operation, the company declared and paid dividends amounting to 500,000-fırst year; 400,000-second year; and 600,000-3rd year. Earnings per ordinary share on the 1st , 2nd and 3rd year of operation ?

Manly Inc. has 50,000shares of 5% cumulative preference shares 50 par and 100,000 ordinary shares 100 par. During its first three years of operation, the company declared and paid dividends amounting to 500,000-fırst year; 400,000-second year; and 600,000-3rd year. Earnings per ordinary share on the 1st , 2nd and 3rd year of operation ?

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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