The following information applies to the questions displayed below.
Raphael Corporations balance sheet shows the following stockholders equity section.
Preferred stock cumulative, $ par value, shares authorized, issued, and outstanding $
Common stock$ par value, shares authorized, issued, and outstanding
Retained earnings
Total stockholders' equity $
Problem A Algo Part
Required:
Determine the par values of the corporations preferred stock and its common stock.
What is the corporations commons stock and preffered stock?
