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The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding Market Value Balance Sheet
The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding Market Value Balance Sheet Cash $ 45,000 Equity Fixed assets 440,000 $ 485,000 Total $ 485,000 Total $ 485,000 The company has declared a dividend of $1.90 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 price per share 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.) Stock price per share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round Intermediate calculations.) Cash Fixed assets Taal Balance Sheet Equity Total
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