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Required information Problem 11-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below) Raphael Corporation's
Required information Problem 11-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below) Raphael Corporation's common stock is currently selling on a stock exchange at $172 per share, and its current balance sheet shows the following stockholders' equity section $ 90,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-s_ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 200.000 330,000 $ 620.000 Problem 11-5A Part 3 3. If no dividends are in arrears, what is the book value per share of common stock? Choose Numerator: Stockholders' equity applicable to common shares Book Value Per Common Share Choose Denominator: Number of preferred shares outstanding 1 Book Value Per Common Share Book value per common share
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