Non preference shareForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Non preference shareThis topic has 2 replies, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts December 1, 2015 at 6:09 pm #286802 seanog91MemberTopics: 83Replies: 54☆☆Hi,If working out the preference dividend on 5% 50c Preference Shares and the balance on the FS is 345,000, why do we not divide the preference shares by .5 to get the total number of shares to calculate the dividend?Thanks December 1, 2015 at 6:10 pm #286803 seanog91MemberTopics: 83Replies: 54☆☆Title is supposed to read Preference Share and Not “Non Preference shares” December 1, 2015 at 6:32 pm #286814 MikeLittleKeymasterTopics: 27Replies: 23135☆☆☆☆☆I think that if you divide $345,000 by .5, you get to $690,000 and I don’t believe that that is correct as a 5% dividend.Do you?AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In