I just want to make sure I did the calculations correctly The balance...
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Accounting
I just want to make sure I did the calculations correctly
The balance sheet for Ferguson Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. The company has declared a dividend of $2.00 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Ignoring any tax effects, what will it sell for tomorrow? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Stock price 80.86 per share Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations.)
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