Business, 30.03.2020 20:49 Jaylen52709

Murphy's, Inc., has 32,050 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The balance sheet shows $88,050 in the capital in excess of par account, $32,050 in the common stock account, and $149,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend

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Murphy's, Inc., has 32,050 shares of stock outstanding with a par value of $1 per share. The market...