Question: I need the answers for this section. I sent both sections but you only answered the first part which was correct rest of the question
Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) The balance sheet for Fourth Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. The company has declared a dividend of $1.40 per share. The stock goes ex-dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? (Do not round ihtermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Ignoring any tax effects, what will it sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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