Sweet Company has outstanding 2,300 shares of $100 par, 6% preferred stock, and 15,100 shares...
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Accounting
Sweet Company has outstanding 2,300 shares of $100 par, 6% preferred stock, and 15,100 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.
Preferred, noncumulative, Preferred, Cumulative,
and nonparticipating and Fully participating
Year Paid Out Prefered Common Preferred Common
2018 10500
2019 23800
2020 58300
2021 70400
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