A Market Value Balance Sheet Shows Cash of $91,000; Fixed

question 54

Multiple Choice

A market value balance sheet shows cash of $91,000; fixed assets of $327,000, and equity of $418,000.There are 16,000 shares of stock outstanding.The company has declared a dividend of $.82 per share.The stock goes ex-dividend tomorrow.Ignore any tax effects.What will be the firm's market equity value after the dividend is paid?

• A)$372,020
• B)$404,880
• C)$419,560
• D)$418,000
• E)$397,810

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Definitions:

Supervisor's Expectations

The set of standards or goals that a supervisor or manager holds for their employees, influencing how work is performed and evaluated.

Employee's Abilities

The skills and competencies that individuals bring to their job roles within an organization.

Executive Decisions

High-level choices or judgments made by senior management in an organization, often involving strategic directions, policy formulations, and the allocation of significant resources.

Perceptual Errors

are mistakes in judgment that occur when an individual misinterprets sensory stimuli and information from the environment.