Question: Alpha Inc. whose market value balance sheet is shown below, has declared a 20 percent stock dividend. Tomorrow the stock will go ex dividend. There

Alpha Inc. whose market value balance sheet is shown below, has

Alpha Inc. whose market value balance sheet is shown below, has declared a 20 percent stock dividend. Tomorrow the stock will go ex dividend. There are 10,000 shares of stock outstanding. What will be the ex dividend price? Market Value Balance Sheet Cash Fixed assets Total $180,000 320,000 $500,000 Debt Equity Total $150,000 350,000 $500,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

hI I NEED HELP IN THIS FINANCE ASSIGNMENT .IT ON DIVIDEND AND PAY OUT RATIO . THANKS IN ADVANCE Mount Saint Vincent University BUS 3360 Fall 2016 Assignment #3 Chapter 17 & 18 Total marks 100...

The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects that the company will last for two more years and then be dissolved. The...

Assume that you have $1,000 to ifivest. You putchased 200 shares of 5 miley incorporated, a smali but. growing company. Over the three years that you have owned the stock, the corporation's board of...

The shareholders' equity for Marciano Windows Inc. on June 30, 2020 (end of company's fincel your (Click the icon to view the data.) On August 8, 2020, the company declared a 20 percent stock...

Maritime Travel Ltd is authorized to issue 725,000 common shares. As of December 31, 2019, the company had issued 73,000 shares at $7.50 per share and its Retained Earnings balance was $285,000....

QUESTION 2 (Points: 10) 2. Assume that when you were in high school you saved $1,000 to invest for your college education. You purchased 200 shares of Smiley Incorporated, a small but growing...

The Stockholders equity section of the balance of Lim Mills, Inc., as of December 31, 2010, was as follows: Contributed capital Common stock , $3 par value, 1,000,000 shares authorized, 80,000 shares...

Answer please with the explanation Homework: Ch 14 Corporations: Retained Earnings and the Inc Save Score: 4.38 of 7 pts 5 of 20 (6 complete) HW Score: 17.67%, 18.38 of 104 pts Exercise 14-1 (similar...

please help me with the correct explanation Homework: Ch 14 Corporations: Retained Earnings and the Inc Save Score: 4.38 of 7 pts 5 of 20 (6 complete) HW Score: 17.67%, 18.38 of 104 pts Exercise 14-1...

has declared a 25 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 $85,000...

What is the solubility of magnesium fluoride in a buffer solution containing 0.45 M HC2H3O2 (acetic acid) and 0.20 M NaC2H3O2? The Ksp for magnesium fluoride is 6.5 10-9. (Consider the equation...

The following standard costs were developed for one of the products of ABC Company: STANDARD COST CARD PER UNIT Direct materials: 20 pounds x $10 per pound .................................. $200.00...

Question 1 3 Buffer overflows can be found in a wide variety of programs, processing a range of different input, and with a variety of possible responses. True False

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".