The market value balance sheet for Desktop Manufacturing is shown here The company 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 28,000 shares of stock outstanding What will the ex ...

The stock price is the total market value of equity divided by the shares ou ...

The market value balance sheet for Desktop Manufacturing is shown here. The company has declared a 25

Question:

The market value balance sheet for Desktop Manufacturing is shown here. The company has declared a 25 percent stock The stock goes ex tomorrow (the chronology for a stock is similar to that for a cash There are 28,000 shares of stock outstanding. What will the ex-dividend price be?

MARKET VALUE BALANCE SHEET $149,000 Debt 603,000 Equity $127,000 625,000 Cash Fixed assets Total Total $752,000 $752,000

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...