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The balance sheet for Fourth Corp. is shown here in market value terms. There are 7000 shares of stock outstanding. Cash Market Value Balance Sheet
The balance sheet for Fourth Corp. is shown here in market value terms. There are 7000 shares of stock outstanding. Cash Market Value Balance Sheet $ 44,100 Equity 394100 $ 350.000 Fixed assets Total 394,100 $ Total 394100 $ The company has declared a dividend of $1.80 per share. The stock goes ex-dividend tomorrow Ignoring any tax effects, what is the stock selling for today? (Do not round Intermedlate calculations and 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 and round your answer to 2 decimal places, e.g., 32.16.) Current stock price New stock price Ignoring any tax effects, what will the balance sheet look like after the dividends are pald? (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Market Value Balance Sheet Cash Equity Fixed assets Total Total
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