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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 $189 per

Required information

[The following information applies to the questions displayed below.]

Raphael Corporation's common stock is currently selling on a stock exchange at $189 per share, and its current balance sheet shows the following stockholders' equity section:

Preferred stock?5% cumulative, $___ par value, 1,000 shares

authorized, issued, and outstanding$100,000Common stock?$___ par value, 4,000 shares authorized, issued,

and outstanding120,000Retained earnings390,000Total stockholders' equity$610,000

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Required information [The folio wing information applies to the ones tr'ons displayed below} Raphael Corporation's common stock is currently selling on a stock exchange at $189 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 3 100,000 Common stock5 par value, 4,000 shares authorized, issued, and outstanding 120,000 Retained earnings 390,000 Il'cital stockholders' equity 5510:1300 Required: 1. What is the current market value {price} of this corporation's common stock? 2. What are the par values of the corporation's preferred siock and its common stock? Corporation's preferred stock _ Corporation's com mon stock _ 3. If no dividends are in arrears, what is the book value per share of common stock? - = awkvauuepemmmmm - = 4. rftwo years' preferred dividends are in arrears. what is the book value per share of common stock? E Book value per common share 5.1 If two years\" preferred dividends are in arrears and the board of directors declares cash dividends of $26,000. what total amount will be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders _ Total amount paid to the common shareholders

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