is that the right answer

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Dividend $6.30
Dividend Tax 25%
Stock Price $83
Step 1: Calculate the After-Tax Dividend $4.73
Step 2: Ex-Dividend Price = $78
Jul 29th, 2015

Thank you for the opportunity to help you with your question!

Dividend Tax25%
Stock Price$83
Step 1: Calculate the After-Tax Dividend$4.73
Step 2: Ex-Dividend Price =$77.14
....................................the above is the right answer

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 30th, 2015

Stock Dividend 25%
# of shares of stock outstanding 25,000
Market Value Balance Sheet:
Cash $145,000
Fixed Assets $598,000
Total $743,000
Debt $127,000
Equity $616,000
Total $743,000
Find the market price of stock by using the equity and # of shares outstanding $24.64
New shares outstanding = 154,000
New Stock price = $4.82
could you please review these answers please and thank you for the previos ones. You are the best.

Jul 30th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
Jul 29th, 2015
Jul 29th, 2015
Oct 23rd, 2017
Mark as Final Answer
Unmark as Final Answer
Final Answer

Secure Information

Content will be erased after question is completed.

Final Answer