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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. The balance sheet for Rami
The balance sheet for Rami Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding.
The balance sheet for Rami Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding Market Value Balance Sheet $ 45,200 460,000 Equity $505,200 Cash Fixed assets $505,200 $505,200 Total Total The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow. lgnoring 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 per share gnoring 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 per share lgnoring any tax effects, what will the balance sheet look like after the dividends are paid? Market Value Balance Sheet Cash $ Equity $ Fixed assets $ Total TotalStep by Step Solution
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