The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
7.      Â
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?
Â
Â
|
Cash |
$ 86,000 |
Debt |
$145,000 |
|
Fixed assets |
630,000 |
Equity |
571,000 |
|
Total |
$716,000 |
Total |
$716,000 |
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------