Use the Following Information to Calculate the "Net Income Available

question 55

Multiple Choice

Use the following information to calculate the "net income available to ordinary shareholders": $\begin{array}{|l|r|}\hline \text { Net income } & 2,000,000 \\\hline \text { Dividends on cumulative preferred shares } & 40,000 \\\hline \text { Dividends on non-cumulative preferred shares } & 100,000 \\\hline \text { Dividends declared in 2013: } & \\\text { - Common shares } & 50,000 \\\text { - Cumulative preferred shares } & 80,000 \\\text { - Non-cumulative preferred shares } & 100,000 \\\hline \text { Dividends paid in 2013: } & \\\text { - Common shares } &30,000 \\\text { - Cumulative preferred shares } & 50,000 \\\text { - Non-cumulative preferred shares } &0\\\hline\end{array}$

• A)$1,820,000
• B)$1,860,000
• C)$1,950,000
• D)$1,960,000

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Definitions:

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A social and political movement advocating for the legal and societal equality of women with men, spanning several centuries.

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Elements that influence the behaviors, attitudes, and actions of individuals and societies, including cultural norms, social structures, and institutions.

Women's Rights Advocates

Individuals or groups who actively support and work towards achieving equality for women in various spheres, including legal rights, education, and employment.

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