Question: (Learning Objective 4: Computing dividends on preference and ordinary share) Eerie Manufacturing, Inc., reported the following: Eerie Manufacturing has paid all preference dividends through 20X3.

(Learning Objective 4: Computing dividends on preference and ordinary share)

Eerie Manufacturing, Inc., reported the following:

Eerie Manufacturing has paid all preference dividends through 20X3.

❙ Requirement 1. Compute the total amounts of dividends to both preference and ordinary for 20X6 and 20X7 if total dividends are €100,000 in 20X6 and €200,000 in 20X7.

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