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 363,800 Cash $43,800 Equity $ Fixed assets 320,000 Total $363,800 363,800 Total $ 363,800 The company has declared a dividend of $1.50 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 price72.76 per share lgnoring 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 lgnoring 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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