9- The following is the abbreviated balance sheet for Boston DuckBoat Company. Cash = $500, Other...
9- The following is the abbreviated balance sheet for Boston
DuckBoat Company. Cash = $500, Other Assets =
$9000, Debt = $0, Equity =
$9500, Shares outstanding =
400.
What is Duckboat's price per share (based on the balance sheet
information)?
$
Place your answer in dollars and cents without the dollar
sign.
The company just paid a cash dividend of $2.00 per
share. What will be the new share price (based on the balance sheet
information) after the dividend payment?
$
Place your answer in dollars and cents without the dollar
sign.
You Must Get Both Parts Correct to Receive Credit.
10- You may attempt this question 3 more times for credit.
Giggle Inc reports the following abbreviated balance sheet: Cash
= $9000
Other Asset = $18000
Debt = $0
Equity = $27000
Number of shares outstanding = 2500
Giggle just paid a cash dividend of $0.80 per
share. What is the new share price after the dividend
payment?
$
Place your answer in dollars and cents without the dollar sign.
Homework Answers
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9- The following is the abbreviated balance sheet for Boston
DuckBoat Company. Cash = $500, Other...
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