Problem 11-5A Part 4

Saved Chapter 11 Homework i 12 Required information Problem 11-5A Computation of book values and dividend allocations LO C2, A4 Part 5 of 5 (The following information applies to the questions displayed below Raphael Corporation's common stock is currently selling on a stock exchange at $85 per share, and Its current balance sheet shows the following stockholders' equity section: 1.43 points Preferred stock-St cumulative, authorized, iasued, and outstanding Common stock- par value, 4,000 shares authorized, and outstanding Retained earnings total stockholders' equity par value, 1,000 shares $ 50,000 eBook 80,000 150,000 $280,000 Print References Problem 11-5A Part 5 5.1 If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $11,500, what total amount w be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders Total amount paid to the common shareholders 5.2 What is the amount of dividends per share for the common stock? Dividend per share