Question: Answer this question correctly and detailed calculation and explanation (a) Mayday Bhd declared a RMO.50 per share dividend for the holders on record as at
Answer this question correctly and detailed calculation and explanation

(a) Mayday Bhd declared a RMO.50 per share dividend for the holders on record as at Monday, 24ill August 2020 during its annual general meeting. The outstanding common stock is 800,000 shares. The dividend payment date was set as Friday, 28\"1 August 2020. Prior to the dividend declaration, the company's key accounts he as follow: RM RM Cash 800,000 Dividend payable 0 Retained earning 2,200,000 U Required: (i) Since 20"I August 2020 is a public holiday, determine the eat-dividend date for Mayday Bhd. (2 marks) (ii) Calculate the amount of dividend payable on 28" August 2020. (1 mark) (iii) Determine the values for key accounts aer 28't August 2020. (2 marks) (iv) All other things being equal, what do you expect to happen to the stock price on the ear-dividend date if the stock price for Mayday Bhd is RM3.50? (2 marks) (v) Discuss the net e'ects of declaring and paying dividends on the total assets of Mayday Bhd. (2 marks)
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