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Murphy's, Inc., has 32,000 shares of stock outstanding with a par value of $1 per...

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Murphy's, Inc., has 32,000 shares of stock outstanding with a par value of $1 per share. The market value is $11 per share. The balance sheet shows $87,950 in the capital in excess of par account, $32,000 in the common stock account, and $148,950 in the retained earnings account The firm just announced a stock dividend of 14 percent. What will the market price per share be after the dividend? Multiple Choice 0 0 0 Pre 1 of 10 !!! Next > Murphy's, Inc., has 32,000 shares of stock outstanding with a par value of $1 per share. The market value is $11 per share. The balance sheet shows $87,950 in the capital in excess of par account, $32,000 in the common stock account, and $148,950 in the retained earnings account The firm just announced a stock dividend of 14 percent. What will the market price per share be after the dividend? Multiple Choice 0 0 0 Pre 1 of 10 !!! Next >

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