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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

Two copper plates 0.50cm thick have a 0.10mm sheet of glass sandwiched between them. One copper...

Psychology
1.2K views

1. _______________ is/are stressors of LGBT Youth (circle all that apply) a. Discrimination/Harassment b. Cyberbullying c. Unsupportive...

Mechanical Engineering
1.2K views

A cylindrical bronze sleeve (2) is held in compression against a rigid machine wall by a...

Biology
1.2K views

If the interest rate on an interest earning account is high which of the statements...

Physics
1.2K views

13 A large open tank has two holes on the side wall One is a...

Calculus
1.2K views

Determine the intervals on which k is continuous. Enter the solution using interval notation.k(x) =...

Accounting
1.2K views

Lauren Cooper had a beauty shop in the basement of her home. During the current...

Accounting
1.2K views

JJ06 EES-115 PE 5-1A 03.1),(b)(c) EE 5-1 a 185...

Accounting
1.2K views

Indicate which section of the statement of cash flows should contain each of the following...

Accounting
1.2K views

Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining...

Accounting
1.2K views

$0 Garrison Company, a job-order costing firm, applies overhead to jobs on the basis of...

Accounting
1.2K views

The company paid dividends of $235,300 last year. The "Investment in Buisson, S.A.," on the...