Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet
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Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December Preferred shares, $ noncumulative, shares authorized and issuedCommon shares, shares authorized and issued$All shares were issued during During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule.Required:Part A Calculate the total dividends paid in each year to the preferred and to the common shareholders.YearPreferred DividendCommonDividendTotal Dividend$Total for three years$Calculate the dividends paid per share to both the preferred and the common shares in Round the final answers to decimal places.Dividends Paid per SharePreferred sharesCommon sharesIcesPart B Calculate the total dividends paid in each year to the preferred shares and to the common shareholders assuming preferred shares are cumulative.YearPreferredDividendCommon DividendTotal Dividend$Total for three years$ Calculate the dividends paid per share to both the preferred and the common shares in assuming preferred shares are cumulative. Round the final answers to decimal places.Dividends Paid per SharePreferred sharesCommon shares
Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781260881332
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
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