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The balance sheet for Rami Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. $505, 200 Market Value Balance
The balance sheet for Rami Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. $505, 200 Market Value Balance Sheet Cash $ 45,200 Equity Fixed assets 460,000 Total $505,200 Total $505, 200 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.) Stock selling price $ 5863.55 per share Ignoring any tax effects, what will the stock sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock selling price $D per share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? Market Value Balance Sheet Equity Cash Fixed assets Total $ D Total $ O
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