What is the current market value

Assignment Help Financial Accounting

Reference no: EM136054

Raphael Corporation's common stock is presently selling on a stock exchange at $85 per share, at its current balance sheet shows the subsequent stockholders' equity section:

Preferred stock -5% cumulative, $__ par value, 1,000 shares authorized, issued, and outstanding.........$50,000

Common Stock- $___ par value, $4,000 shares authorized, issued, and outstanding..... 80,000

Retained Earnings....................150,000

Total stockholders' equity..........$280,000

Required

1. What is the current market value (price) of this corporation's common stock?

2. What are the par values of the corporation's preferred stock and its common stock?

3. If no dividends are in arrears, what are the book values per share of the common stock and the preferred stock?

4. If two years' preferred dividends are in arrears, what are the book values per share of the preferred stock and the common stock?

5. If two years' preferred dividends are in arrears and the preferred stock is callable at $55 per share, what are the book values per share of the common stocks and the preferred stock?

6. If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $11,500, what total amount may be paid to the preferred and to the common shareholders? Evaluate the amount of dividends per share for the common stock?

7. What are some factors that will contribute to a difference between the book value of common stock and its market value?

Reference no: EM136054

Questions Cloud

How organismal respiration and cellular are interconnected : How organismal respiration and cellular respiration are interconnected. While you visit him, his teeth are chattering, his skin is cool and clammy to touch, and he complains of feeling cold even though his room is quite warm. Elucidate his symptoms.

Changed mechanism of transmission of infectious bacterial : No structures needed but show all the substrates involved in each reaction and the name of the enzyme. Changed mechanism of the transmission of infectious bacterial diseases with examples.

Develop symptoms for the duration of the experiments : The results of these experiments point to that plants can be genetically transformed for resistance to virus disease development. What is an expected outcome of a cross between a homozygous recessive woman and a man with hypophosphatemia.

What action would san fernando take on its export pricing : What action could San Fernando take on its export pricing? What probable U.S. government action may result from your decision in 1?

What is the current market value : What is the current market value of this corporation's common stock What are the par values of the corporation's preferred stock and its common stock.

What fraction of individuals in this population are carriers : How does this neurotoxin affect the nervous system's ability to stimulate skeletal muscle contraction? How does it affect the capability of skeletal muscle fibers to respond to stimulation.

What genotypic and phenotypic proportions are expected in f2 : What genotypic and phenotypic proportions are expected in F2. Six platyfish with dissimilar tail spotting patterns live in eastern Mexico. Five of them can interbreed and produce fertile offspring. One of them cannot interbreed with the other five. W..

What must be true of the xenomas : Many infected animals are induced by the parasitic microsporidians to develop huge cells, known as xenomas, which are full of spores. Given their large size, what must be true of the xenomas.

What genetic basis of erminette pattern is suggested : You now grow Daphnia and Bosmina together. Suppose they remain limited by phytoplankton. What genetic basis of erminette pattern is suggested? How would you test your hypothesis.

User Account

All Pages