When a preference share is cumulative and non-participating Any dividends not distributed from the previous distribution would not be distributed anymore and any excess from the dividends to be distributed would go to ordinary shareholders. Any dividends not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will be divided to both the preference and ordinary shareholders base on their total par value Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to preference shareholders Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to ordinary shareholders.
When a preference share is cumulative and non-participating Any dividends not distributed from the previous distribution would not be distributed anymore and any excess from the dividends to be distributed would go to ordinary shareholders. Any dividends not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will be divided to both the preference and ordinary shareholders base on their total par value Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to preference shareholders Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to ordinary shareholders.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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When a preference share is cumulative and non-participating
Any dividends not distributed from the previous distribution would not be distributed anymore and any excess from the dividends to be distributed would go to ordinary shareholders.
Any dividends not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will be divided to both the preference and ordinary shareholders base on their total par value
Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to preference shareholders
Any dividend not distributed from the previous distribution would be distributed also to the preference shareholders for current year along with the current year dividends and any excess from the dividends declared will all go to ordinary shareholders.
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