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Check The balance sheet for Rami Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. $373,900 Market Value Balance
Check The balance sheet for Rami Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. $373,900 Market Value Balance Sheet Cash $ 43,900 Equity Fixed assets 330,000 Total $ 373,900 Total $373,900 The company has declared a dividend of $1.60 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock selling price $ [ per share Ignoring any tax effects, what will the stock sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock selling price $ r p er share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? Market Value Balance Sheet L Equity Cash Fixed assets Total O Total Total $ D
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