Question
The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 20 percent stock dividend. The stock goes ex dividend
| The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 20 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). |
| Market Value Balance Sheet | ||||||
| Cash | $ | 98,000 | Debt | $ | 157,000 | |
| Fixed assets | 820,000 | Equity | 761,000 | |||
| Total | $ | 918,000 | Total | $ | 918,000 | |
| There are 33,000 shares of stock outstanding. What is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| Current stock price | $ |
| What will the ex-dividend price be? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| Ex-dividend price | $ |
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Swing And Position Trading For Beginners Easy To Learn High Profit Method For Beginners
Authors: J.r. Lira
1st Edition
1542338522, 978-1542338523
