AB CORPORATION ISSUED THE FOLLOWING 850 COMMON STOCKS PAR VALUE P100 750 PARTICIPATING PREFERRED STOCKS PAR...

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AB CORPORATION ISSUED THE FOLLOWING 850 COMMON STOCKS PAR VALUE P100 750 PARTICIPATING PREFERRED STOCKS PAR VALUE P100 AT 3% AB CORPORATION DECLARED P100,000.00 DIVIDEND IN 2022. 5. HOW MUCH IS THE REMAINING DIVIDEND THAT WILL GO DIRECTLY TO COMMON STOCKS IF THE PREFERRED STOCKS ARE NON PARTICIPATING PREFERRED STOCKS? O P97,750 O P97,507 O P97,000 O P97,570 AB CORPORATION ISSUED THE FOLLOWING 850 COMMON STOCKS PAR VALUE P100 750 PARTICIPATING PREFERRED STOCKS PAR VALUE P100 AT 3% AB CORPORATION DECLARED P100,000.00 DIVIDEND IN 2022. 5. HOW MUCH IS THE REMAINING DIVIDEND THAT WILL GO DIRECTLY TO COMMON STOCKS IF THE PREFERRED STOCKS ARE NON PARTICIPATING PREFERRED STOCKS? O P97,750 O P97,507 O P97,000 O P97,570

Answer rating: 100% (QA)

Correct answer is OptionA P 97750 Explanation Annual preferred Amount Dividend r... View the full answer