The balance sheet for intranet browser corp is shown here


The balance sheet for Intranet Browser Corp. is shown here in market value terms. There are 7500 shares of stock outstanding.

Market Value Balance Sheet

Cash 15,000                   Equity 150,000

Fixed assets 135,000

Total 150,000                  Total 150,000

The company has declared a dividend of £1.10 per share. what is the stock selling for today? What will the balance sheet look like after the dividends are paid?

With steps please

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The balance sheet for intranet browser corp is shown here
Reference No:- TGS01252335

Expected delivery within 24 Hours