Question: PLEASE ANWSER ASAP AND I WILL RATE!! Massive Corp. is authorized to issue unlimited $0.70 no-par preferred shares and unlimited no-par common shares. There are

PLEASE ANWSER ASAP AND I WILL RATE!!  PLEASE ANWSER ASAP AND I WILL RATE!! Massive Corp. is authorized
to issue unlimited $0.70 no-par preferred shares and unlimited no-par common shares.
There are 15,000 preferred and 45,000 common shares outstanding. In a five-year
period, annual dividends paid were $2,000, $5,000, $63,000, $6,000, and $126,000, respectively.

Massive Corp. is authorized to issue unlimited $0.70 no-par preferred shares and unlimited no-par common shares. There are 15,000 preferred and 45,000 common shares outstanding. In a five-year period, annual dividends paid were $2,000, $5,000, $63,000, $6,000, and $126,000, respectively. Required: Calculate the amount of dividends that would be paid to each share class for each year under the following separate cases. Where applicable, the matching dividend per common share is $1.00. Case A Preferred shares are cumulative and non-participating. Year 1 Total Paid Preferred Common 2 3 Partial Partial Arreurs Current Total Partial Arrears Current Total 4 5 Case B Preferred shares are non-cumulative and non-participating. Year Total Paid Preferred Common 1 2 3 4 5 Case C Preferred shares are non-cumulative and fully participating. Participation is based on the relative number of shares outstanding Total Paid Preferred Common aces Year 1 Current 2 Current 3 Current Matching Balance Total 4 Current 5 Current Matching Balance Total Case D Preferred shares are non-cumulative and partially participating up to an additional $0.70 per share. Participation is based on relative annual total base dividends. (Round allocation percentages values to nearest whole percent.) Year 1 Total Pald Preferred Common 2 3 Current Current Current Matching Balance To Current 5 Current Matching Bilance Toal

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