Question: The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. 505,200 Cash $45,200 Equity$
The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. 505,200 Cash $45,200 Equity$ Fixed 460,000 assets Total $505,200 Total $505.200 The company has declared a dividend of $1.50 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.) per share Stock price 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 priceper share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations.) Balance Sheet Cash assetsEquity Total Total
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