Question Details

ACCT 495 Assignment 14-2: Distribution of Dividends
10 points

Purpose
To assess your ability to calculate distribution of dividends between classes of stockholders.

Action Items
1.	With your group, research authoritative sources such as financial accounting texts, financial accounting standards, and any other accounting pronouncements for information on distribution of dividends between different classes of shareholders.
2.	Reflect on the readings of Requirement 11 and your research. The Requirement 11 document can be found in the Business Activity Model (BAM) under the Year 5 folder. The password is provided by your instructor.
3.	Prepare a schedule for the CFO showing the appropriate allocation of declared dividends among preferred and common shareholders.

Submission Instructions
•	Click the Submit button in the Toolbox to upload your completed assignment prior to your class meeting.
•	Bring a copy of your completed assignment to class for an in-class activity.

Grading Criteria
•	Completeness of assignment: 0 - 7 points
•	Participation in class: 0 - 3 points