Solved: Hagar company has outstanding 2500 shares of 100 par 6, Accounting Basics

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Hagar company has outstanding 2500 shares of 100 par 6

1. Hagar Company has outstanding 2,500 shares of $100 par, 6% preferred stock and 15,000 shares of $10 par value common. The schedule below 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.

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Accounting Basics: Hagar company has outstanding 2500 shares of 100 par 6

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