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The balance sheet for Quinn Corporation is shown here in market value terms. There are 5 , 0 0 0 shares of stock outstanding. The

The balance sheet for Quinn Corporation is shown here in market value terms. There are
5,000 shares of stock outstanding.
The company has declared a dividend of $1.40 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.)
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.)
Ignoring any tax effects, what will the balance sheet look like after the dividends are
paid? (Do not round intermediate calculations and round your answers to the nearest
whole number, e.g.,32.)
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