What will the ex dividend price be

Reference no: EM13287889

The market value balance sheet for Vena Sera Manufacturing is shown here. Vena Sera has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend) There are 12,000 shares of stock outstanding. What will the ex dividend price be? Market Value Balance Sheet Cash $93,000 Debt $131,000 Fixed Assets 509,000 Equity 471,000 Total $602,000 Total $602,000

Reference no: EM13287889

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