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if no dividends are in arrears, what are the book values per share of the...

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Accounting

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

Raphael Corporations 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 stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 60,000 Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 80,000 Retained earnings 370,000 Total stockholders equity $ 510,000

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