The market value balance sheet for Outbox Manufacturing is shown here. Outbox has declared a stock dividend

Question:

The market value for Outbox Manufacturing is shown here. Outbox has declared a stock of 25 percent. The stock goes ex-dividend tomorrow (the chronology for a stock is similar to that for a cash There are 20,000 shares of stock outstanding. What will the ex-dividend price be?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... 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...