Dividend Yield The market price for Macro Corporation closed at $41.50 and $69.00 on December 31, current year, and previous year, respectively. The dividends per share were $0.61 for current year and $0.69 for previous year. a. Determine the dividend yield for Macro on December 31, current year, and previous year, Round percentages to two decimal places. Current year Previous year b. The dividend yield ( dividend relative to stock price. from the previous year to the current year. This is a result of a(n); in the

Managerial Accounting
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ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Dividend Yield
The market price for Macro Corporation closed at $41.50 and $69.00 on December 31, current year, and previous year, respectively. The
dividends per share were $0.61 for current year and $0.69 for previous year.
a. Determine the dividend yield for Macro on December 31, current year, and previous year, Round percentages to two decimal places.
Current year
Previous year
b. The dividend yield (
dividend relative to stock price.
%
36
from the previous year to the current year. This is a result of a(n);
in the
Transcribed Image Text:Dividend Yield The market price for Macro Corporation closed at $41.50 and $69.00 on December 31, current year, and previous year, respectively. The dividends per share were $0.61 for current year and $0.69 for previous year. a. Determine the dividend yield for Macro on December 31, current year, and previous year, Round percentages to two decimal places. Current year Previous year b. The dividend yield ( dividend relative to stock price. % 36 from the previous year to the current year. This is a result of a(n); in the
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