The balance sheet for throwing copper inc is shown here in, Ask an Expert

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The balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 25,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 131,000 Fixed assets 510,000 Equity $ 641,000 Total $ 641,000 Total $ 641,000 The company has declared a dividend of $1.10 per share. The stock goes ex dividend tomorrow. Ignore all tax effects.

What is the stock selling for today? Stock price $ ?

What will it sell for tomorrow? Stock price $ ?

What will the balance sheet look like after the dividends are paid?

Cash $ ?

Fixed assets $?

Total $ ?

Equity $ ?

Total $ ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92395293

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