1
Soal3. Regular Dividends [Q&P no. 5].
The balance sheet for Chevelle Corp. is shown herein market value terms. There are
8000 shares of stock outstanding.
Market Value Balance Sheet
Cash $ 38,500 Equity $ 308,500
Fixed assets 270,000
Total $ 308,500 Total $ 308,500
The company has declared a dividend of $1.30 per share. The stock goes ex
dividendtomorrow.
a. Ignoring any tax effects, what is the stock selling for today?
b. What will itsell for tomorrow?
c. What will the balance sheet look like after the dividends are paid?
Jawab:
Input Area:
Shares outstanding 8.000
Dividend per share $ 1,30
Market Value Balance Sheet
Cash $ 38.500 Equity $ 308.500
Fixed assets 270.000
Total $ 308.500 Total $ 308.500
Output Area:
Price0 $ 38,56
PriceX $ 37,26
The equity and cash accounts will decline by: $ 10.400
Market Value Balance Sheet
Cash $ 28.100 Equity $ 298.100
Fixed assets $ 270.000
Total $ 298.100 Total $ 298.100
2
a.Harga saham hari ini : $ 38,56
b.Harga saham besok : $ 37,26
c.
Cash $ 38.500 Equity $ 308.500
Fixed assets 270.000
Total $ 308.500 Total $ 308.500