Regular Dividends the balance sheet for apple pie Corp, is shown here in market values terms There are 5,000 shares of stock outstanding The company has declared a dividend of $1 20 per share The stock goes ex dividend tomorrow Ignoring any tax effects, what is the stock selling for today What will...

The stock price is the total market value of equity divided by the shar ...

Regular Dividends the balance sheet for apple pie Corp, is shown here in market values terms. There

Question:

Regular Dividends the balance sheet for apple pie Corp, is shown here in market values terms. There are 5,000 shares of stock outstanding.

Market Value Balance Sheet Cash Equity S215,000 S25,000 Fixed assets 190,000 Total S215,000 Total S215,000

The company has declared a dividend of $1.20 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid?

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...