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Investor LLC has the following abbreviated balance sheet:

Cash = $10000 Other Assets = $19000 Debt = $0 Equity = $29000 Shares outstanding = 2000.

Now suppose that the company pays a cash dividend of $0.50 per share. What would the total assets of the firm be after the dividend payment? $

Place your answer to the nearest dollar without using the dollar sign or comma Place your answer as a percentage without the present sign. For example, if your intended answer is six point five three percent, then submit 6.53.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92752498

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