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what is the current market value of this corporations common stock? Raphael Corporations common stock is currently selling on a stock exchange at $198 per
what is the current market value of this corporations common stock?
Raphael Corporations common stock is currently selling on a stock exchange at $198 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 | $ | 60,000 | |
Common stock$___ par value, 4,000 shares authorized, issued, and outstanding | 80,000 | ||
Retained earnings | 370,000 | ||
Total stockholders equity | $ | 510,000 | |
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