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The market value of the balance sheet for ABC Cafe shows the following items: Market value of B/S Amount ($) Amount ($) Cash 105,800 Equity

The market value of the balance sheet for ABC Cafe shows the following items:

Market value of B/S

Amount ($)

Amount ($)

Cash

105,800

Equity market value

525,800

Fixed Assets

420,000

Total Assets

525,800

Total

525,800

Additional information:

Common shares outstanding

25,000

Declared dividends

DPS = $1.5 Per share

Ex-dividend Date

Tomorrow

Payment date

25.07.2021

  1. Ignoring tax effects, what is the stock price for today?
  2. What will be the stock price for tomorrow?
  3. If you have 200 shares of ABC Cafe and you decided to sell 100 shares today, how much cash dividends you will get on 25.07.2021?
  4. What will the balance sheet of ABC Cafe looks like after the dividends distribution (payment)?

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