Question: please make sure you insert the whole answer because in the previous questins the picture wasn't appearing Question 2 The equity section of CBA shows

please make sure you insert the whole answer because in the previous questins the picture wasn't appearing
please make sure you insert the whole answer because in the previous

Question 2 The equity section of CBA shows the following on December 31, 2016: Share capital preference 6%, $100 par, 4,000 shares outstanding $ 400,000 Share capital ordinary-S10 par, 60,000 shares outstanding 600,000 Share premium-ordinary 200,000 Retained earnings 114.000 Total equity $1.314.000 Instructions Assuming that all of the company's retained earnings are to be paid out in dividends on 12/31/16 and that preference dividends were last paid on 12/31/14, show how much the preference and ordinary shareholders should receive if the preference shares are cumulative and fully participating

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