Reference no: EM133180903

Question - The shareholders' equity of DDM Corporation as of December 21, 2021 showed the following data:

1. 10% preference share capital, 100 par, authorized 2,000 shares, issued 1,500 shares

2. Ordinary share capital, par 200, authorized 2,000 shares, issued 1,500 shares

3. Retained earnings 200,000

Compute the dividends per share of ordinary and preference shares if the board of directors declared 90,000 dividends on December 31, 2021, assuming the preference share is:

a. cumulative and fully participating

b. cumulative and non-participating

c. non-cumulative and non-participating

d. non-cumulative and fully participating