8 9 10 234567BAD NOIS 11 Q2 Use the following information to answer the questions below. Cash Market Value Statement of Financial Position $ 200,000 Dividends Payable $ Fixed Assets $ 400,000 Total $ Equity 600,000 Total Total number of common shares outstanding: Dividend per share: 12 13 a) What is the current market price per share? 14 15 16 $ 600,000 $ 600,000 20,000 $ 2.00 17 b) Prepare the Market Value Statement of Financial Position once the dividends have been declared, but not yet paid. 18 19 20 21 22 23 24 c) Ignoring tax effects, what will be the market price per share tomorrow, if the stock goes ex-dividend tomorrow? 25 26 27 28 d) Prepare the Market Value Statement of Financial Position once the dividends have been paid. 29 30 31 32