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Importer of indonesian pottery and garden supplies

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Reference no: EM131975380

Marshall Pottery Barn is a privately owned importer of Indonesian pottery and garden supplies. The firm plans on paying a $1.47 per share dividend on each of its 5,700 ordinary shares. The? firm's most recent balance sheet just before payment of the dividend looks as shown? here:

Cash  $17,400 Accounts payable  $21,200

Accounts receivable  22,000 Notes payable      4,700

Inventories    30,500 Current liabilities    25,900

Current assets   69,900

Fixed assets  129,100 liabilities   32,300

Equity  140,800

Total assets  199,000 Total 199,000

What would happen to the? firm's balance sheet after payment of the cash? dividend?

Reference no: EM131975380

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