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Mathematics, 17.08.2020 21:01 slm1595

The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 20 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). Market Value Balance Sheet Cash $ 92,000 Debt $ 151,000 Fixed assets 760,000 Equity 701,000 Total $ 852,000 Total $ 852,000 a. There are 27,000 shares of stock outstanding. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. What will the ex-dividend price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a...

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