Calculate the stock selling tomorrow

Assignment Help Financial Accounting
Reference no: EM132945454

Below is the balance sheet for Bersatu Corporation. There are 11,000 shares of stock outstanding. The company has declared a dividend of RM1.60 per share. The stock goes ex dividend tomorrow. Ignore any tax effects.

              Market Value        Balance Sheet

Cash RM 42,500

Fixed Aset RM280,000            Equity RM322,500

Total RM 322,500              Total RM322,500

Required:

Problem i. What is price of the stock selling for today.

Problem ii. Calculate the stock selling tomorrow.

Reference no: EM132945454

Questions Cloud

Explain how would a business account for propane : Explain how would a business account for propane? If a food truck is buying propane for their business to prepare the food what would it be categorized
How much dividend payment was paid to the common stockholder : Total dividends declared and paid in 2019 were $51,000. How much of the 2019 dividend payment was paid to the common stockholders
Comment on the company overall decision : Comment on the company's overall decision. The security has a par value of RM100 per share, where the annual dividend rate is 5 percent of the par value.
Observing a holistic strategic view of organisations : Reflect upon the module. Consider the online learning activities and e-tivities. What have your learnt from these?
Calculate the stock selling tomorrow : Calculate the stock selling tomorrow. Below is the balance sheet for Bersatu Corporation. There are 11,000 shares of stock outstanding.
What kind of products or services will you offer : Imagine you are considering starting your own business. 1. What kind of products or services will you offer?
James harrington and abc travel services : 1. Summarize the service failures associated with this experience. Be specific
Make a schedule showing the relevant cash flows for project : Sinar Inc. management believes that the introduction of the computer system will enable. Make a schedule showing the relevant cash flows for the project.
Importance of sabs approval for computer components : What are importance of SABS approval for computer components?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Determining cash from operating activities

The term "Equity Income" that appears on the Income Statement refers to additional capital that has been contributed to my company from equity shareholders. Depreciation is added back to net income as a step in determining cash from operating activit..

  What is the value of the loom

What is the value of the loom? A loom is expected to produce regular annual cash flows of $15,000 with the first regular cash flow

  Solve amount of firm after-tax cash flow from operations

Solve the amount of the firm's after-tax cash flow from operations. the selling, general and administrative expenses ; depreciation; cost of goods sold

  Define what is meant by cumulative voting system

Define what is meant by cumulative voting system. Explain how a cumulative voting system allows minority shareholders to elect a board of directors

  Agreements make certain demands on the business

Lindsey Contractors' borrowing agreements make certain demands on the business. Lindsey's Long-Term Debt may not exceed Stockholder's Equity, and the current ratio may not fall below 1.50. If Lindsey fails to meet this requirement, the company's lend..

  Establish lattice of present values for a successful project

Establish whether the firm should initiate the initial phase of this project. Also explain exactly what the firm should do in each stage of project contingent

  Record the adjusting entries in the general journal

Record the above adjusting entries in the General Journal. Max Smart submits the draft accounts for Smart Dry-Cleaning Services for the year ended 30 June 2020.

  Give three specific reasons that inherent risk for revenue

GreenGrow Limited is a local landscaping company. Give three specific reasons that inherent risk for revenue for GreenGrow should be assessed as "high".

  What amount should halcyon report as interest expense

What amount should Halcyon report as interest expense for the year ended December 31, 2016? Halcyon Company, as lessee, signed a five-year non-cancellable

  Contribution margin in units

Contribution margin in Units: Using the contribution margin approach, fnd the breakeven point in units for Staten Products if the selling price per unit is $11, the variable cost per unit is $4, and fixed cost are $7,700.

  What was effect of the repurchases on the per-share price

There were 1,957 million shares outstanding prior to the repurchase. What was the effect of the repurchases on the per-share price of Dell's stock?

  What is the IRR of the project described

The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd