Question: Pharoah, Inc. has $ 5 0 0 , 0 0 0 , $ 0 . 9 5 , n o par value preferred shares (

Pharoah, Inc. has $500,000,$0.95,no par value preferred shares (50,000 shares) and $1,000,000ofno par value common shares
outstanding (80,000 shares).No dividends were paid or declared during 2021 and 2022. The company wants to distribute $531,500in
dividends on December 31,2023.
A. This is correct. ------------------------I would like to know the detailed formula to get the answer. Plz kindly share with me.
Calculate the amount of dividends tobe paid to each group of shareholders (i.e., preferred and common), assuming the preferred
shares are non-cumulative and non-participating.
Q. Total dividends 47500(Preferred)484000(Common)
B. this is correct. -------------------------- I would like to know the detailed formula with explanations. Plz kindly put and share withe me.
Calculate the amount of dividends tobe paid to each group of shareholders (i.e., preferred and common), assuming the preferred
shares are cumulative and non-participating.
Q. Total dividends 142500(preferred)389000(Common)
C. this is correct ------plz share the detailed formula with meto get the answer that I shared.
Calculate the amount of dividends tobe paid to each group of shareholders (ex: preferred and common), assuming the preferred shares are cumulative and fully participating
Q. Total Dividends 240500(Preferred)291000(Common)
I share all answers
Plz share with me the formula to get answers.
Thanks

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