and payment procedures At the quarterly dividend meeting Wood Shoes declared a cash dividend of 50 65 per share forholders of record on Monday, May 10 The firm has 250.000 shares of common st as set a payment date of July 31. Prior to the dividend declaration the fi's key accounts were as follows: Cash 5300.000 Dividends payable 0 Retained earning $2.000.000 Show the entries after the meeting adjourned When is the ex-dividend date? What values would the key accounts have after the July 31 payment date? What elect, if any, wil the dividend have on the firm's total assets? In a perfect market what elect any will the dividend have on the firm's stock price on the ex-dividend date? Show the entries her the meeting adjourned (Round to the nearest dotar) Cash Dividends payable Retained carings t. When is the es dividend ato? Select the best answer below) O A Friday, July 7 OB Sunday, July 9 nr The Retaine a. Show the entries after the meeting adjourned b. When is the ex-dividend date? c. What values would the key accounts have after the July 31 payment date? d. What effect, if any, will the dividend have on the firm's total assets? e. In a perfect market what effect, if any, will the dividend have on the firm's stock price on the ex-dividend date