Part 5 of 5 Required information Problem 13-5A Computation of book values and dividend allocations L

Part 5 of 5 Required information Problem 13-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below.) nts Raphael Corporation's common stock is currently selling on a stock exchange at $192 per share, and its current balance sheet shows the following stockholders equity section: $ 100.000 Preferred stock-5% Cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-5 par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 140,000 320,000 $ 500,00 References Problem 13-5A Part 5 5.1 If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $29,000, 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 5.2 What is the amount of dividends per share for the common stock? (Round your answer to two decimal places.)

 

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