{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-14T00:03:55-04:00", "answer_date": "2024-09-14 00:03:55", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10719670", "url": "\/study-help\/questions\/pearl-company-has-outstanding-2300-shares-of-100-par-7-10719670", "question_creation_date_js": "2024-09-14T00:03:55-04:00", "question_creation_date": "Sep 14, 2024 12:03 AM", "meta_title": "[Solved] Pearl Company has outstanding 2,300 share | SolutionInn", "meta_description": "Answer of - Pearl Company has outstanding 2,300 shares of $100 par, 7% preferred stock and 14,400 shares of $10 par value common. | SolutionInn", "meta_keywords": "pearl,company,outstanding,2,300,shares,$100,par,7%,preferred,stock,14,400,$10", "question_title_h1": "Pearl Company has outstanding 2,300 shares of $100 par, 7% preferred stock and 14,400 shares of $10 par value common. The following schedule shows the", "question_title": "Pearl Company has outstanding 2,300 shares of $100 par, 7% preferred stock", "question_title_for_js_snippet": "Pearl Company has outstanding 2,300 shares of $100 par, 7 preferred stock and 14,400 shares of $10 par value common The following schedule shows the amount of dividends paid out over the last 4 years Allocate the dividends to each type of stock under assumptions (a) and (b) Express your answers in per share amounts using the format shown below (Round the rate of participation to 4 decimal places, e g 1 4278 Round answers to 2 decimal places, e g $6 85 ) Assumptions (a) (b) Preferred, noncumulative, and nonparticipating Preferred, cumulative, and fully participating Paid out Preferred Common Preferred Common $12,600 $ 5 48 5 48 $26,000 $ 81 A 0 $55,500 $ 2 85 0 $83,000 $ 4 76 0", "question_description": "

\"image<\/p> Pearl Company has outstanding 2,300 shares of $100 par, 7% preferred stock and 14,400 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last 4 years. Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per-share amounts using the format shown below. (Round the rate of participation to 4 decimal places, e.g.1.4278%. Round answers to 2 decimal places, e.g. $6.85.) Assumptions (a) (b) Preferred, noncumulative, and nonparticipating Preferred, cumulative, and fully participating Paid- out Preferred Common Preferred Common $12,600 $ 5.48 5.48 \" $26,000 $ .81 A 0 $55,500 $ 2.85 0 $83,000 $ 4.76 0", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:03:55", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/industrial-organizational-psychology-understanding-the-workplace\/how-might-different-models-of-mental-illness-focus-us-on-2007878", "description": "How might different models of mental illness focus us on different ways to intervene?", "stars": 0 }, { "url": "\/brecker-company-leases-an-automobile-with-a-fair-value-of", "description": "Brecker Company leases an automobile with a fair value of $10,906 from Emporia Motors, Inc., on the following terms: 1. 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