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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
JetNew has the follow share outstanding since their initial share offering:
50,000 shares of $2.00 cumulative preferred shares
50,000 common shares issued at $15 each

The board of directors has declared the following dividends:
2010   none
2011   $50,000
2012   $75,000
2013   $150,000
2014   $300,000

Prepare a table indicating the split of the declared dividends between the common shareholders and the preferred shareholders for each year.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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TheSinTheSin
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6 years ago
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6 years ago
Just got PERFECT on my quiz
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Smart ... Thanks!
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This calls for a celebration Person Raising Both Hands in Celebration
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