! 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 $198 per share, and its current balance sheet shows the following stockholders' equity section: $ 90, eee Preferred stock-5% cumulative, s par value, 1,000 shares authorized, issued, and outstanding Common stock-$ par value, 4,800 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 180,000 340, eee $ 610,880 Problem 11-5A Part 4 4. If two years' preferred dividends are in arrears, what is the book value per share of common stock? Book Value Per Common Share Choose Denominator: Choose Numerator Book Value Per Common Share Book value per common share 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 $198 per share, and its current balance sheet shows the following stockholders' equity section $ 90,000 Preferred stock-5% cumulative, s_ par value, 1,80 shares authorized, issued, and outstanding Common stock-$ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders equity 180,000 340,000 $ 610,000 Problem 11-5A Part 2 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