ABC, Inc., has declared a $5 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 17 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $70.75 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? 12:50 Multiple Choice $65.75 $69.26 $66.60 Prer 1 of 25 PIE Next > vice O $65.75 O $69.26 $66.60 $7075 $63.94 Kings Corporation has projected the following sales for the coming year. Q1 Q2 Q3 04 Sales $16,400 $14, 150 $14,975 $15, 825 The company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Multiple Choice $5,477.50 $5.145.00 O $5,477.50 O $5,145.00 O $4,952.50 $5.048.75 $3.494.17 ABC, Inc., has declared a $5 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 17 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $70.75 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? 12:50 Multiple Choice $65.75 $69.26 $66.60 Prer 1 of 25 PIE Next > vice O $65.75 O $69.26 $66.60 $7075 $63.94 Kings Corporation has projected the following sales for the coming year. Q1 Q2 Q3 04 Sales $16,400 $14, 150 $14,975 $15, 825 The company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Multiple Choice $5,477.50 $5.145.00 O $5,477.50 O $5,145.00 O $4,952.50 $5.048.75 $3.494.17