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S The market value balance sheet for Murray Manufacturing is shown here. The company has declared a 20 percent stock dividend. The stock goes
S The market value balance sheet for Murray Manufacturing is shown here. The company has declared a 20 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). Market Value Balance Sheet Cash Fixed assets $ 92,000 760,000 Debt Equity $151,000 701,000 02:23:48 Total $ 852,000 Total $ 852,000 Book Hint Print ferences a. There are 27,000 shares of stock outstanding. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the ex-dividend price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Current share price b. Ex-dividend price
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