tock Dividends [LO3] The market value balance sheet for Vena Sera Manufacturing is shown here. Vena Sera has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 12,000 shares of stock outstanding. What will the ex-dividend price be? Market Value Balance Sheet CashFixed assets Total $ 38,500 270,000 $308,500 Equity Total $308,500 $308,500 Market Value Balance Sheet CashFixed assets Total $ 93,000 509,000 $602,000 Debt Equity Total $131,000 471,000 $602,000

tock Dividends [LO3] The market value balance sheet for Vena Sera Manufacturing is shown here. Vena Sera has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology...

tock Dividends [LO3] The market value balance sheet for Vena Sera Manufacturing is shown here. Vena Sera has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 12,000 shares of stock outstanding. What will the ex-dividend price be?

Market Value Balance Sheet
Cash Fixed assets Total	$ 38,500 270,000 $308,500	Equity Total	$308,500 $308,500

Market Value Balance Sheet
Cash Fixed assets Total	$ 93,000 509,000 $602,000	Debt Equity Total	$131,000 471,000 $602,000

Jun 10, 2022