QUES 6

The balance sheet for Pie Crust, Inc., is shown here in market value terms. There are 25,000 shares of stock outstanding. The company has declared a dividend of $1.00 per share. The stock goes ex-dividend tomorrow. Ignore all 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).) What will it sell for tomorrow? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) What will the balance sheet look like after the dividends are paid