Stock Dividends the market value balance sheet for inbox Manufacturing is shown here. Inbox has declared a

Question:

Stock Dividends the market value balance sheet for inbox Manufacturing is shown here. Inbox has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 15,000 shares of stock outstanding what will the ex-dividend price be?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...