Question: 32. A firm announced that it will pay a $0.30 dividend per share to holders of record as of Monday, December 13, 2021. Holding all

32. A firm announced that it will pay a $0.30 dividend per share to holders of record as of Monday, December 13, 2021. Holding all else constant, the stock price will be lower by $0.30 per share at the opening of trading on A) December 12, 2021 B) December 13, 2021 C) December 14, 2021 D) December 15, 2021 E) None of the above 33. ABC Inc. plans to sell an asset for $30,000. The asset was acquired 5 years ago for $50,000 and was depreciated using the straight-line method with an expected life of 5 years. If ABC's tax rate is 21%, then the taxes owed on the sale will be: A $2,000 B $6,300 Page 9 CS6,350 D$7,300 E None of the above

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