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Raphael Corporations balance sheet shows the following stockholders equity section. Preferred stock5% cumulative, $_ par value, 1,000 shares authorized, issued, and outstanding $ 50,000 Common
Raphael Corporations balance sheet shows the following stockholders equity section. Preferred stock5% cumulative, $_ par value, 1,000 shares authorized, issued, and outstanding $ 50,000 Common stock$_ par value, 4,000 shares authorized, issued, and outstanding 100,000 Retained earnings 370,000 Total stockholders' equity $ 520,000 2. if no dividends are arreas at the current date, what is the book value per share of common stock
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