The market value balance sheet for Ewe Manufacturing is shown here. Ewe has declared a 20 percent

Question:

The market value balance sheet for Ewe Manufacturing is shown here. Ewe has declared a 20 percent stock The stock goes ex-dividend tomorrow (the chronology for a stock is similar to that for a cash There are 15,000 shares of stock outstanding. What will the ex-dividend pricebe?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...