Question: The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 2 1 percent stock dividend. The stock goes ex

The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 21 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 17,000 shares of stock outstanding.
\table[[Market Value Balance Sheet],[Cash,$177,000,Debt,$184,000
 The market value balance sheet for Bobaflex Manufacturing is shown here.

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