Question: Please show work and formulas! The balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 28,000 shares of stock

Please show work and formulas!

The balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 28,000 shares of stock outstanding. Market Value Balance Sheet $130,000 494,960 Cash Fixed assets $624,960 $624,960 Equity $624,960 Total Total The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow. Ignore all tax effects. What is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock price What will it sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock price $ 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.) Cash Fixed assets Equity $ $ Total Total

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