Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the h2 corp has the following classes of share cap

The H2 Corp has the following classes of share capital outstanding as of Dec 31,...

70.2K

Verified Solution

Question

Accounting

The H2 Corp has the following classes of share capital outstanding as of Dec 31, 2021. Ordinary share capital, P20 par value, 20,000 shares outstanding Preference share capital, 5% P100 par value, cumulative and partially participating 4%, 2,000 shares outstanding No dividends were paid on Preference shares for two years. On Dec 31, 2021 a total Cash dividend of P180,000 was declared. How much dividends will be received by the preference shares holders?

A.73,333

B.38,222

C.38,000

D.120,000

pls be fast

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Phylum Echinodermata                      starfish dissection         Starfish external structure examination Identify: Oral surface Mouth Tube feet Ambulacral groove Aboral surface Arm Spines Central disk Madreporite List examples for the following classes. Class...

Biology
Q

Identify and discuss the significant trends related to diversity, ethics and sustainability that impact a university. What...

Civil Engineering
Q

In engineering Design the first step is Identifying the problem. In detal can you please...

Mechanical Engineering
Q

i). How far a driver travel in 80 min. along a straight road if his average...

Physics
Q

Find the indicated values for the function f x 4x 8 FFF Select the correct...

Calculus
Q

Evaluate the derivative y 3x y Type an exact answer Question 15 7

Calculus
Q

6 4 8

Algebra
Q

Assume a merchandising company provides the following information from its master budget for the...

Accounting
Q

Entries for selected corporate transactions Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises'...

Accounting
Q

Frances Newberry is the payroll accountant for Pack-It Services of Jackson, Arizona. The employees of...

Accounting
Q

Bond Coupon Maturity Asked ...

Accounting
Q

visit a website of any one major insurnace carrier such as New York life ,...

Finance