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Required information [The following information applies to the questions displayed below. Raphael Corporation's common stock is currently selling on a stock exchange at $170 per

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Required information [The following information applies to the questions displayed below. Raphael Corporation's common stock is currently selling on a stock exchange at $170 per share, and its current balance sheet shows the following stockholders' equity section: par value, 1,000 shares Preferred cumulative, $ stock-5% $100, 000 authorized, issued, and outstanding Common stock- par value, 4,000 shares authorized, issued, 100,000 310, 000 and outstanding Retained earnings Total stockholders' equity $ 510, a0 2. What are the par values of the corporation's preferred stock and its common stock? Par Value Corporation's preferred stock Corporation's common stock Raphael Corporation's common stock is currently selling on a stock exchange at $170 per share, and its current balance sheet shows the following stockholders' equity section: Preferred stock-5% cumulative, $-par value, 1,000 shares $100,000 authorized, issued, and outstanding Common stock-$par value, 4,000 shares authorized, issued, 100, 000 310,000 $510, 000 and outstanding Retained earnings Total stockholders' equity 3. If no dividends are in arrears, what is the book value per share of common stock? Book Value Per Common Share Choose Denominator: Book Value Per Common Share Choose Numerator: Book value per common share 13 of 13 iii. Nex

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