Question: Problem 17-5 Regular Dividends (LO1] The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 8,000 shares of stock

 Problem 17-5 Regular Dividends (LO1] The balance sheet for Sinking Ship
Corp. is shown here in market value terms. There are 8,000 shares

Problem 17-5 Regular Dividends (LO1] The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding. Cash Fixed assets Market Value Balance Sheet $45,600 Equity $545,6 500,000 int rint Total $545,600 Total $545,600 erences The company has declared a dividend of $1.90 per share. The stock goes ex dividend tomorrow Ignoring any 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 per share Saved Homework - Chapter 17 i 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.) Stock price per share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations.) Balance Sheet Equity Cash Fixed assets Total Total

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