Home /
Expert Answers /
Accounting /
abc-corporation-paid-p500-000-and-p750-000-for-at-the-beginning-of-2021-and-2022-respectively-thes-pa731
(Solved): ABC corporation paid P500,000 and P750,000 for at the beginning of 2021 and 2022 respectively. Thes ...
ABC corporation paid P500,000 and P750,000 for at the beginning of 2021 and 2022 respectively. These dividend payments were declared two months prior to payment. There were dividends in arrears at the beginning of 2020 amounting to P50,000. The preference shares are cumulative and partially participating up to an additional 1%. The total dividends per share for the preference shares for 2021 is? (Use two decimal places for the answer,e.g., 15.51, 13.21. But do not round-off.your solutions when computing.for the final answer.).