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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 $ 55,000 Common

Raphael Corporations balance sheet shows the following stockholders equity section.

Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 55,000
Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 140,000
Retained earnings 370,000
Total stockholders' equity $ 565,000

2. If no dividends are in arrears at the current date, what is the book value per share of common stock? image text in transcribed

The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 55,000 Preferred stock-56 cumulative, S 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 140,000 370.000 $ 565,000 2. If no dividends are in arrears at the current date, what is the book value per share of common stock? Book Value Per Common Share 1 Choose Denominator: Choose Numerator: Book Value Per Common Share Book value per common share MacBook Air

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