Raphael Corporations common stock is currently selling on a stock exchange at $159 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	$	85,000
Common stock$___ par value, 4,000 shares authorized, issued, and outstanding		160,000
Retained earnings		400,000
Total stockholders' equity	$	645,000

11. value:

1.25 points Required information

Required:
1.	What is the current market value (price) of this corporations common stock?

References eBook & Resources WorksheetLearning Objective: 11-A4 Compute book value and explain its use in analysis.Difficulty: 3 HardLearning Objective: 11-C2 Explain characteristics of, and distribute dividends between, common and preferred stock.Check my work

12. value:

1.25 points Required information

2.	What are the par values of the corporation's preferred stock and its common stock?

References eBook & Resources WorksheetLearning Objective: 11-A4 Compute book value and explain its use in analysis.Difficulty: 3 HardLearning Objective: 11-C2 Explain characteristics of, and distribute dividends between, common and preferred stock.Check my work

13. value:

1.25 points Required information

3.	If no dividends are in arrears, what are the book values per share of the preferred stock and the common stock?

References eBook & Resources Expanded tableLearning Objective: 11-A4 Compute book value and explain its use in analysis.Difficulty: 3 HardLearning Objective: 11-C2 Explain characteristics of, and distribute dividends between, common and preferred stock.Check my work

14. value:

1.25 points Required information

4.	If two years' preferred dividends are in arrears, what are the book values per share of the preferred stock and the common stock?

References eBook & Resources Expanded tableLearning Objective: 11-A4 Compute book value and explain its use in analysis.Difficulty: 3 HardLearning Objective: 11-C2 Explain characteristics of, and distribute dividends between, common and preferred stock.Check my work

15. value:

1.25 points Required information

5.	If two years preferred dividends are in arrears and the preferred stock is callable at $95 per share, what are the book values per share of the preferred stock and the common stock?

References eBook & Resources Expanded tableLearning Objective: 11-A4 Compute book value and explain its use in analysis.Difficulty: 3 HardLearning Objective: 11-C2 Explain characteristics of, and distribute dividends between, common and preferred stock.Check my work

16. value:

1.25 points Required information

6.1	If two years preferred dividends are in arrears and the board of directors declares cash dividends of $19,750, what total amount will be paid to the preferred and to the common shareholders?