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Raphael Corporations common stock is currently selling on a stock exchange at $195 per share, and its current balance sheet shows the following stockholders equity

image text in transcribedRaphael Corporations common stock is currently selling on a stock exchange at $195 per share, and its current balance sheet shows the following stockholders equity section:

Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 90,000
Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 180,000
Retained earnings 380,000
Total stockholders' equity $ 650,000

5. If two years' preferred dividends are in arrears and the preferred stock is callable at $100 per share, what are the book values per share of the preferred stock and the common stock? Book Value Per Preferred Share Choose Numerator: Choose Denominator: Book Value Per Preferred Share Stockholders' equity applicable to preferred shares Number of preferred shares outstanding Book value per preferred share 1.000 550,000 550.00 Book Value Per Common Share Choose Denominator: Choose Numerator: Book Value Per Common Share Stockholders' equity applicable to common shares Number of common shares outstanding Book value per common share 100,000 4,000 25.00

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