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The market value balance sheet for Bigham Manufacturing is shown here.
Market Value Balance Sheet
Cash
$138,000
Debt
$134,000
Fixed assets
601,000
Equity
605,000
Total
$739,000
Bigham has declared a 28% stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are currently 53095 shares outstanding.
What is the stock price today? (Round answer to 2 decimal places. Do not round intermediate calculations)
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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