What total amount will be paid to the preferred shareholders

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Reference no: EM13214901

Raphael Corporation's common stock is currently selling on a stock exchange at $199 per share, and its current balance sheet shows the following stockholders' equity section:

Preferred stock-5% cumulative, $___ par value, 1,000 shares
authorized, issued, and outstanding $ 85,000
Common stock-$___ par value, 4,000 shares authorized, issued,
and outstanding 140,000
Retained earnings 380,000

Total stockholders' equity $ 605,000

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

 check my workreferencesebook & resources

7.value:
3.33 points

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

check my workreferencesebook & resources

8.value:
3.33 points

3. If two years' preferred dividends are in arrears and the preferred stock is callable at $95 per share, what are the book values per share of the preferred stock and the common stock?

check my workreferencesebook & resources

9.value:
3.36 points

4. If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $16,750, what total amount will be paid to the preferred and to the common shareholders?

5. What is the amount of dividends per share for the common stock? (Round your answer to two decimal places.)

and i need answers

Additional Requirements

Other Requirements: value:
30.00 points
Legacy issues $700,000 of 7.5%, four-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. They are issued at $643,419 and their market rate is 10% at the issue date.

1.Prepare the January 1, 2013, journal entry to record the bonds' issuance.

2.Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. (Do not round intermediate calculations.)

3.Prepare an effective interest amortization table for the bonds' first two years.

4.Prepare the journal entries to record the first two interest payments.

Reference no: EM13214901

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