Investor llc has the following abbreviated balance, Ask an Expert

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Investor LLC has the following abbreviated balance sheet:

Cash = $9000

Other Assets = $16000

Debt = $0

Equity = $25000

Shares outstanding = 2000.

Now suppose that the company pays a cash dividend of $1.50 per share. What would the total assets of the firm be after the dividend payment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92751148

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