Question: The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 5.000 shares of stock outstanding Market Value Balance Sheet


The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 5.000 shares of stock outstanding Market Value Balance Sheet $43.900 Equity $373.900 Cash 330,000 Fixed assets 373,900 373,900 Total Total The company has declared a dividend of $160 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 por share 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.) Cash Balance Sheet Equity Fbxed assets Total Total
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