Question
The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $ 700 , Other Assets = $ 8500 , Debt = $
The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $700, Other Assets = $8500, Debt = $0, Equity = $9200, Shares outstanding =100.
What is Duckboat's price per share (based on the balance sheet information)?
$___________
Place your answer in dollars and cents without the dollar sign.
The company just paid a cash dividend of $2.50per share. What will be the new share price (based on the balance sheet information) after the dividend payment?
$________
Place your answer in dollars and cents without the dollar sign.
You Must Get Both Parts Correct to Receive Credit.
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