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Category > Business & Finance Posted 10 May 2017 My Price 4.00

Stock Dividends

Stock Dividends   The market value balance sheet for Sci-Fi Crimes Manu- facturing is shown here. Sci-Fi Crimes has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is simi- lar to that for a cash dividend). There are 14,000 shares of stock outstanding. What will the ex-dividend price be?

 

Cash

$ 86,000

Debt

$145,000

Fixed assets

630,000

Equity

571,000

Total

$716,000

Total

$716,000

 

Answers

Alpha Geek
(8)
Status NEW Posted 10 May 2017 03:05 PM My Price 4.00

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Attachments

file 1494429425-1309694_1_636299407572675830_Ex-dividend-stock-price.xlsx preview (128 words )
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