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I just want to make sure I did the calculations correctly The balance sheet for Ferguson Corp. is shown here in market value terms. There
I just want to make sure I did the calculations correctly
The balance sheet for Ferguson Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. The company has declared a dividend of $2.00 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Ignoring any tax effects, what will it sell for tomorrow? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Stock price 80.86 per share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations.)Step by Step Solution
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