11 Chicago Company reported the following information at the end of the current year. Connon...

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11 Chicago Company reported the following information at the end of the current year. Connon stock 55 par value; 48,080 shares outstanding) Preferred stock, 10% ($10 par value; 10,000 shares outstanding) Retained earnings $240,000 100,000 291,000 10 points The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other Cose A. The preferred stock is no cumulative, the total amount of all dividends is $41.000. Case B. The preferred stock is cumulative, the total amount of all dividends is $30,000 Cose C. The preferred stock is cumulative, the total amount of all dividends is $92,000 AK Pore Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required IN Required 2 Compute the amount of dividends. In total and per share, that would be payable to each dass of stockholders for each case. (Round "Dividends per Share to 2 decimal places.) Preferred Dividends Common Dividends per Share Preferred Common Total Case A Case B Case pwed Required 2 > Chicago Company reported the following information at the end of the current year Connon stock (35 par value; 48,000 shares outstanding) Preferred stock, 10% ($10 par value; 10,000 shares outstandine) Retained earnings $240,000 100,000 291,000 The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other. Case A The preferred stock is no cumulative; the total amount of all dividends is $41,000 Case B The preferred stock is cumulative; the total amount of all dividends is $30,000 Cose C The preferred stock is cumulative; the total amount of all dividends is $92,000 Required: 1. Compute the amount of dividends, in total and per share that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume Chicago Company issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $24. Fill in the table below to show how this stock dividend would compare to Case C. (Leave no cells blank - be certain to enter"0" wherever required.) AMOUNT OF DOLLAR INCREASE (DECREASE) Item Cash Dividend-Case C Stock Dividend Assets Liabilities Stockholders equity

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