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The market value balance sheet for Outbox Manufacturing is shown here. Outbox has a 25% stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 20,000 shares of stock outstanding. What will the ex-dividend be?

Market Value Balance Sheet

Cash $230,000 Debt $190,000

Fixed Assets 415,000 Equity 455,000

Total $645,000 Total $645,000

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M941708

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