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Zebra Company reported the following outstanding share capital at year-end: ● 30,000 shares of 10% cumulative preference share, par value of P100 per share, fully participating as to dividends. No dividends were in arrears in prior years. 200,000 ordinary shares with par value of P10. The entity declared dividends of P1,000,000 at year-end.

Zebra Company reported the following outstanding share capital at year-end: ● 30,000 shares of 10% cumulative preference share, par value of P100 per share, fully participating as to dividends. No dividends were in arrears in prior years. 200,000 ordinary shares with par value of P10. The entity declared dividends of P1,000,000 at year-end.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 8RE: Given the following year-end information for Somerset Corporation, compute its basic earnings per...
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10. How much is the dividends per share for ordinary shareholders?
a.2.00
b. 6.00
c. 20.00

11. How much is the dividends per share for preferred shareholders?
a. 2.00
b. 6.00
c. 20.00
 
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Zebra Company reported the following outstanding share capital at year-end: ● 30,000 shares of 10% cumulative preference share, par value of P100 per share, fully participating as to dividends. No dividends were in arrears in prior years. 200,000 ordinary shares with par value of P10. The entity declared dividends of P1,000,000 at year-end.
Transcribed Image Text:Zebra Company reported the following outstanding share capital at year-end: ● 30,000 shares of 10% cumulative preference share, par value of P100 per share, fully participating as to dividends. No dividends were in arrears in prior years. 200,000 ordinary shares with par value of P10. The entity declared dividends of P1,000,000 at year-end.
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