The balance sheet for Quinn Corporation is shown here in market value terms. There are 6,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $45,200 Equity 460,000 Stock price $ 505,200 $ Total The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow. $ 505,200 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.) 84.20 per share $ 505,200

The balance sheet for Quinn Corporation is shown here in market value terms. There are 6,000 shares of stock outstending. The company has declared a dividend of $1.50 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.)