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ise 156 Swifty Limited's ledger shows the following balances on December 31, 2017: Preferred shares outstanding: 15,000 shares $ 450,000 Comman shares outstanding: 42,000 shares 3.024.000 Retained earnings 1,215,360 dividends are in arrears on the oreferred shares wihich nay a dividend of s.10 ner share (Rond Bound intermediate nercentage calculatioas to d decimal places, e a 12.25259% ad inal answers to 0 decimallaces ea 5,275.) Total Preferred Common Dividend Assuming that the directors decide to declare total dividends in the amount of s607.680. determine how much each class of shares should receive if the preferred shares are non-cumulative and non-participating, Note that one vear's dividends are arrears on the preferred shares, which pay a dividend of $2.10 per share. (Round answers to 0 decimal places, e.q. 5,275.) Preferred Total Common Dividend Assuming that the directors decide to declare total dividends in the amount of s607.680, determine how much each class shares should receive if the preferred shares are non-cunmulative and are participating in distributions i excess arrears on the preferred shares, which pay a dividend of $2.10 per share. (Round Round intermediate percentage calculations to 4 decimal are nlaces ea72 257506 30d final answrs to 9 decimal olaces e 5 2751 Total Preferred Common Dividend

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