Question: The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 7,000 shares of stock outstanding. Market Value Balance Sheet


The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 7,000 shares of stock outstanding. Market Value Balance Sheet 394,100 Cash 44100 Equity Fixed assets 350,000 Total $394,100 Tota $ 394,100 The company has declared a dividend of $1.80 per share. The stock goes ex dividend tomorrow. lgnoring 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
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