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The market value balance sheet for Mesa Verde Inc. Manufacturing is shown below. Mesa Verde Inc. has declared a 25% stock dividend (not a cash

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The market value balance sheet for Mesa Verde Inc. Manufacturing is shown below. Mesa Verde Inc. has declared a 25% stock dividend (not a cash dividend). The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 13,000 shares of stock outstanding. a. Find Po first b. Calculate the new shares outstanding. Find the ex-dividend price. C. The market value balance sheet for Mesa Verde Inc. Manufacturing is shown below. Mesa Verde Inc. has declared a 25% stock dividend (not a cash dividend). The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 13,000 shares of stock outstanding. a. Find Po first b. Calculate the new shares outstanding. Find the ex-dividend price. C

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