Answered You can hire a professional tutor to get the answer.

QUESTION

The market value balance sheet for Tidwell Manufacturing is shown here. Tidwell has declared a 20 percent stock dividend.

  • The market value balance sheet for Tidwell Manufacturing is shown here. Tidwell has declared a 20 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 21,000 shares of stock outstanding. What will the ex-dividend price be?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question