Find dividend per share to preference shareholders

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Question - YN has 140000 preference shares issued at $50 (10%, cumulative) and 20000 ordinary shares. At the end of the current year, YN declares dividend of $1100000, of $360000 which are in arrears as of January 1 of the current year.

Required - Find dividend per share to preference and ordinary shareholders for the current year? Show working process.

Reference no: EM132842796

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