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 $ 75,000 Preferred stock-54 cumulative, par value, 1,000 shares authorized, inced, and outstanding Common stock- par value, 4,000 shares authorised, funded, and outstanding Retained earnings Total stockholders' equity 100,000 340,000 $ 515,000 Problem 13-5A Part 2 2. If no dividends are in arrears at the current date, who is the book value per share of common stock? Choose Numerator: Stockholders' equity applicable to common shares $ Book Value Per Common Shore 1 Choose Denominator: Number of common shares outstanding Book Value Par Common Share Book value per common share $ 75.00 75.000 1.000