Problem 11-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below.] Raphael Corporation's common stock is currently selling on a stock exchange at $198 per share, and its current balance sheet shows the following stockholders' equity section: Preferred stock-5% cumulative, $ authorized, issued, and outstanding Common stock-$__par value, 4,000 shares authorized, issued and outstanding Retained earnings par value, 1,000 shares $ 60,000 180,000 370,000 Total stockholders' equity $610,000 Problem 11-5A Part 1 Required: 1. What is the current market value (price) of this corporation's common stock? Market price per share Problem 11-5A Part 2 2. What are the par values of the corporation's preferred stock and its common stock? Par Value Corporation's preferred stock Corporation's common stock Problem 11-5A Part 3 3. If no dividends are in arrears, what are the book valuess per share of the preferred stock and the common stock? Book Value Per Preferred Share Choose Numerator: Choose Denominator: Book Value Per Preferred Share Book value per preferred share Book Value Per Common Share Choose Numerator: Choose Denominator: Book Value Per Common Share Book value per common share Problem 11-5A Part 4 4. If two years' preferred dividends are in arrears, what are the book values per share of the preferred stock and the common stock? Book Value Per Preferred Share /Choose Denominator: Choose Numerator: Book Value Per Preferred Share Book value per preferred share / / Book Value Per Common Share /Choose Denominator: Choose Numerator: Book Value Per Common Share / Book value per common share III Problem 11-5A Part 5 5. If two years' preferred dividends are in arrears and the preferred stock is callable at $70 per share, what are the book values per share of the preferred stock and the common stock? Book Value Per Preferred Share IChoose Denominator: Choose Numerator: Book Value Per Preferred Share / Book value per preferred share Book Value Per Common Share IChoose Denominator: Choose Numerator: Book Value Per Common Share / Book value per common share / III Problem 11-5A Part 6 6.1 If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $21,600, what total amount will be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders Total amount paid to the common shareholders 6.2 What is the amount of dividends per share for the common stock? (Round your answer to two decimal places.) Dividend per share