Bablon Corp has 5,000 preferred shares outstanding (no par value, $2 dividend), which were issued for $150,000, and 30,000 shares of no par value common, which were issued for $550,000 Instructions The following schedule shows the amount of dividends paid out over the last four years Allocate the d...

Assumptions a b Preferred noncumulative and nonparticipating Preferred cumulative and ...

Bablon Corp. has 5,000 preferred shares outstanding (no par value, $2 dividend), which were issued for $150,000,

Question:

Bablon Corp. has 5,000 preferred shares outstanding (no $2 dividend), which were issued for $150,000, and 30,000 shares of no common, which were issued for $550,000.
Instructions
The following schedule shows the amount of dividends paid out over the last four years. Allocate the dividends to each type of share under assumptions (a). and (b). Express your answers in per share amounts and using the format that is shown.

Bablon Corp. has 5,000 preferred shares outstanding (no par value,

Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...