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! Required information (The following information applies to the questions displayed below. Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 55,000 Preferred

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! Required information (The following information applies to the questions displayed below. Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 55,000 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 100,000 330,000 $ 485,000 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 Choose Numerator: 1 Choose Denominator: Book Value Per Common Share 1 - Book value per common share / 0

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