Accounting > QUESTION PAPER (QP) > STI College (multiple campuses)ACCOUNTING MISC Jardiolin-Corporation-Prob (All)

STI College (multiple campuses)ACCOUNTING MISC Jardiolin-Corporation-Prob

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The Jardiolin Corporation had the following shares outstanding from 2017 through 2020: Preference Shares, P50 par, 8% cumulative, 10 000 shares authorized, issued and outstanding Ordinary Shares, P... 5 par, 200 000 shares authorized, issued and outstanding The corporation paid P30 000, P30 000, P94 000, and P130 000 in dividends during 2017, 2018, 2019, 2020, respectively. Required: 1. Determine the dividend per share and the total dividends paid to ordinary shareholders and preference shareholders in 2017, 2018, 2019, 2020. 2. Perform the same computations, with the assumption that the preference share was noncumulative. [Show More]

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