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Giggle Inc reports the following abbreviated balance sheet: Cash = $5000 Other Asset = $17000 Debt = $0 Equity = $22000 Number of shares outstanding = 2500 Giggle just paid a cash dividend of $1.20 per share. What is the new share price after the dividend payment? The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $700, Other Assets = $9500, Debt = $0, Equity = $10200, Shares outstanding = 300. What is Duckboat's price per share (based on the balance sheet information)? $ Place your answer in dollars and cents without the dollar sign. The company just paid a cash dividend of $1.50 per share. What will be the new share price (based on the balance sheet information) after the dividend payment? Place your answer in dollars and cents without the dollar sign. You Must Get Both Parts Correct to Receive Credit The dividend payout ratio is typically defined as the percentage of the firm's residual cash flow (what's left over after all claimants have been paid) that flows to the shareholders in the form of a dividend. In many cases the quoted dividend is the annual dividend, although it is typically paid out in quarterly chunks. Suppose that Samsonite Inc. has a payout ratio of 35%. What is its annual dividend if its residual cash flow is $8.50 per share? What is its quarterly dividend? S Place your answers in dollars and cents without the dollar sign