20. 416 points The balance sheet for Levy Corp. is shown here in market value...
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20. 416 points The balance sheet for Levy Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding Market Value Balance Sheet $44,200 Equity Cash Fixed assets 360,000 $ 404,200 Total $ 404,200 Total $404,200 The company has declared a dividend of $1.90 per share. The stock goes ex dividend tomorrow gnoring 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.) Current stock price per 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.) New 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 and round your answers to the nearest whole number, e.g., 32.) Market Value Balance Sheet Equity Cash Fixed assets Total Total References Book & Resources
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