Question: 2 - Colson Inc. declared a $ 1 6 0 , 0 0 0 cash dividend. It currently has 6 , 0 0 0 shares

2 -

Colson Inc. declared a $

160, 000

cash dividend. It currently has

6, 000

shares par value cumulative preference share outstanding. It is one year in arrears on shares. How much cash will Colson distribute to the ordinary shareholders?

.

100, 000 .

.

60, 000 .

.

130, 000 .

.

None.

2- Colson Inc. declared a $160,000 cash dividend. It currently has

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