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Raphael Corporation's balance sheet shows the following stockholders' equity section $ 50,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common
Raphael Corporation's balance sheet shows the following stockholders' equity section $ 50,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-$ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 80,000 150,000 $280,000 1. 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 2. If no dividends are in arrears at the current date, what is the book value per share of common stock? Show All Items N ador Number of preferred shares outstanding ok Value Per Comments Choose Denominator Number of common shares outstanding 1 = Book value per common Number of common shares outstanding Number of preferred shares outstanding Retained earnings Stockholders' equity applicable to common shares 3. If two years' preferred dividends are in arrears at the current date, what is the book value per share of common stock Book Value Per Common Shata I Choose Denominator Choose Numerator: = Book value per com nces 4. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $11,500, 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
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