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30 points Save Anwar QUESTION 3 ICLO-4) The market value balance sheet for Trent ple reflects cash of 560.000, non-current assets of 5423,500, and equity
30 points Save Anwar QUESTION 3 ICLO-4) The market value balance sheet for Trent ple reflects cash of 560.000, non-current assets of 5423,500, and equity of 5433.500. There are 15.000 shares of stock outstanding. The company has declared a dividend of 51.50 per share. The equity goes ex dividend tomorrow. The company previously considered repurchasing 522,500 worth of stock. a. Ignoring any tax effect, what are the shares selling for today? What will they sell for tomorrow?) what will the balance sheet look like after the dividend is paid? What will the price per share be after the repurchase of the company decided to repurchase $22.500 worth of shares? ignoring tax effects, show how the share repurchase is effectively the same as a cash dividend For the toolbar, press ALT-F10 ( Por ALTFN-F10 Mac) BTVs Paragraph Arial 14px AL I. x X 11 + 19992 ca Q Save Allers Gore Window Save and che Sun and Submit to some und mit. Click Save All Anment to save all ansons MacBook Pro S88 Du :&
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