A corporation had the following shares outstanding when the company's board of directors declared a $95,000 cash dividend in the current year:
Allocate the cash dividend between the preference and ordinary shareholders assuming the preference shares are noncumulative and nonparticipating.
Definitions:
Customized
Modified or tailored to meet specific requirements or preferences of a user or customer.
Press And Hold
An interaction technique involving pressing and holding down a button or screen area for a specified duration to invoke a secondary action.
Gesture
A physical movement of a part of the body, especially a hand or the head, to express an idea or meaning.
Activate
To turn on or start a program, feature, or device, making it ready for use.
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