The Balance Sheet for Apple Pie Corp

question 98

Multiple Choice

The balance sheet for Apple Pie Corp.is shown here in market value terms.There are 5,000 shares of stock outstanding. The company has declared a dividend of $1.80 per share.The stock goes ex-dividend tomorrow.Ignore any tax effects.What will the price of the stock be tomorrow?

• A)$18.90
• B)$36.20
• C)$39.60
• D)$52.15
• E)$71.80

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Definitions:

Skills Training

A process of teaching specific abilities or competencies to improve performance in a particular area.

Behavioral Self-Monitoring

A self-help technique involving the systematic observation and recording of one's own behaviors and responses in order to modify or change undesirable behaviors.

Counterconditioning

A behavior therapy technique that involves replacing an unwanted or negative response to a stimulus with a positive one.

Skills Training

A process of teaching specific abilities or techniques to improve performance or competence in a particular area.