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what is the answer to requirement 2 The shareholdens' equity of...

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Accounting

what is the answer to requirement 2
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The shareholdens' equity of fi. P industries includes the items shown below, The board of directors of ll. P declared cash dividends of $65 million, $115 malion, and $340 million in its first three years of operation 2024,2025, and 2026. respectively. Required: 1. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is cumulotive and nonparticipating 2. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is noncumulative and nonparticipating. Complete this question by entering your answers in the tabs below. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is noncumulative and nanperticipating. Note: Enter your answers in milioos (i,e4,10,000,000 should be entered as 10)

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