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| Raphael Corporation | ||
| Answer 1 | ||
| Market price per share of common stock is given in the 1st line of question. It is $ 85 per share. | ||
| Market value is: | Note | |
| Number of shares | 4,000.00 | A |
| Market price per share | 85.00 | B |
| Market value is: | $ 340,000.00 | C=A*B |
| Answer 2 | ||
| Total value of Preferred Stock outstanding | 50,000.00 | D |
| Number of shares | 1,000.00 | E |
| Par Value per Preferred share | 50.00 | F=D/E |
| Total value of Common Stock outstanding | 80,000.00 | G |
| Number of shares | 4,000.00 | H |
| Par Value per Common share | 20.00 | I=G/H |
| Answer 3 | ||
| Total value of Common Stock outstanding | 80,000.00 | J |
| Add: Retained Earnings | 150,000.00 | K |
| Total book Value | 230,000.00 | L=J+K |
| Number of shares | 4,000.00 | M |
| Book Value per Common share | 57.5 | N=L/M |
| Answer 4 | ||
| Total value of Preferred Stock outstanding | 50,000.00 | O |
| Dividend rate | 5% | P |
| Annual Dividend | 2,500.00 | Q=O*P |
| Dividend for 2 years | 5,000.00 | R=Q*2 |
| Total book Value as calculated in answer 3 | 230,000.00 | S |
| Number of shares | 4,000.00 | T |
| Book Value per Common share | 57.5 | U=S/T |
| Note: Even if there is arrear Preference dividend book value is still same because arrear dividends are not liability to the company as they are not declared yet. | ||
| Answer 5 | ||
| Total dividend declared | 11,500.00 | V |
| Less: Arrear Preference dividend calculated in answer 4 | 5,000.00 | See R above |
| Less: Preference dividend for current year | 2,500.00 | W |
| Dividend for Common stockholders | 4,000.00 | X=V-R-W |
| Number of shares | 4,000.00 | Y |
| Dividend per Common share | 1.00 | Z=X/Y |
at 585 per shvate, Problem 13-5A Computation of book values and dividend allocations Raphael Corporation's common...
000 change at 585 per har Raphael Corporation's common stock is currently selling on a stock exch current balance sheet shows the following stockholders' equity section: ok 550.000 20,660 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... . 150.000 $280.000 ck? (Round perhe share of common te Required 1. What is the current market value (price) of this corporation's...
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. $ 100,000 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 180,000 360,000 $ 640,000 Problem 13-5A Part 1 1. What are the par values of the corporation's preferred stock and...
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-5X cumulative, S par value, 1,600 shares authorized, issued, and outstanding Common stock- par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 100.ee 320.ee $490. Bee Problem 13.5A Part 3 3. If two years' preferred dividends are in arrears at the...
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: Preferred stock-5% cumulative, $ authorized, issued, and outstanding Common stock-$__par value, 4,000 shares authorized, issued and outstanding Retained earnings par value, 1,000 shares $ 60,000 180,000 370,000 Total stockholders' equity $610,000 Problem 11-5A...
Answer in this format please thank you!!
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. $ 55,000 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 140,000 310,000 $ 505,000 Problem 13-5A Part 1 1. What are the par values...
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-5X cunulative, $ par value, 1,eee shares authorized, issued, and outstanding Conmon stock-S and outstanding Retained earnings S 7e,eee par value, 4,0ee shares authorized, issued 1ee,eee 328,eee $ 490,0ee Total stockholders equity Problem 13-5A Part 2 2. If no dividends are in arrears at the current date,...
Required information (The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock-5% cumulative, . authorized, issued, and outstanding Common stock-$ and outstanding Retained earnings par value, 1,000 shares $ 60,000 par value, 4,e00 shares authorized, issued, 140,000 400,000 s 600,000 Total stockholders equity 1. 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 Required information (The...
nts 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 $178 per share, and its current balance sheet shows the following stockholders' equity section Print $ 65,000 Preferred stock-58 cumulative;" $ par value, 1,000 shares authorized, issued, and outstanding Common stock par value, 4,000 shares authorized, inued, and outstanding Retained earnings Total stockholders' equity...
Required information Problem 11-5A Computation of book values and dividend allocations LO C2, A4 [The following information applies to the questians displayed below Raphael Corporation's common stock is currently selling on a stock exchange at $156 per share, and its curent balance sheet shows the following stockholders equity section Preferred stock-5% cumulative, l authorized, issued, and outstanding Common stock- par value, 4,000 shares autherized, issued, and outstanding Retained earnings par value, 1,000 shares S 68,008 160,000 350,000 Total stockholders equity...
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,Bee Preferred stock-5x cumulative, $_ par value, 1,800 shares authorized, issued, and outstanding Common stock-$ par value, 4,800 shares authorized, issued and outstanding Retained earnings Total stockholders' equity lee, 880 32e, Bee $ 490.800 Problem 13-5A Part 1 1. What are the par values of the corporation's...