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Total assets of firm be after dividend payment

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Reference no: EM131912483

Investor LLC has the following abbreviated balance sheet:

Cash = $9000

Other Assets = $16000

Debt = $0

Equity = $25000

Shares outstanding = 2000.

Now suppose that the company pays a cash dividend of $1.50 per share. What would the total assets of the firm be after the dividend payment?

Reference no: EM131912483

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