Required information Problem 13-5A Computing book values and dividend allocations LO C2, A4 The following information applies to the questions displayed below) Raphael Corporation's balance sheet shows the following stockholders' equity section 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 $ 70,000 80,000 330,000 $ 480,000 Problem 13-5A Part 2 2. If no dividends are in arrears at the current date, what is the book value per share of common stock? Choose Numerator: Stockholders' equity applicable to common shares Book Value Per Common Share Choose Denominator: Number of common shares outstanding 1 Book Value Per Cammon Share Book value per common share 4,000 Required information Problem 13-5A Computing book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below) Raphael Corporation's balance sheet shows the following stockholders' equity section $ 70,000 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 80,000 330,000 $ 480,000 Problem 13-5A Part 3 3. If two years' preferred dividends are in arrears at the current date, what is the book value per share of common stock? Choose Numerator Stockholders' equity applicable to common shares Book Value Per Common Share Choose Denominator Number of common shares outstanding 1 Book Value Per Common Share Book value par common share 4,000