Assume a company provided the following information:Net income$ 60,000Number of common shares outstanding, beginning of the yearNumber of common shares outstanding, end of the yearMarket price per share45,00055,000$ 11.25$ 0.50$ 200,000$ 80,000.Dividends per shareTotal assets, end of the yearTotal liabilities, end of the yearThe dividend yield ratio is closest to:Multiple Choice6.5%.41.7%.7.8%.

Dividend yield ratio = Dividends per share / Market price per share

Assume a company provided the following information: Net income $ 60,000 Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share 45,000 Dividends per share Total assets, end of the year Total liabilities, end of the year 55,000 $ 11.25 $ 0.50 $ 200,000 $ 80,000. The dividend yield ratio is closest to:

Assume a company provided the following information: Net income $ 60,000 Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share 45,000 Dividends per share Total assets, end of the year Total liabilities, end of the year 55,000 $ 11.25 $ 0.50 $ 200,000 $ 80,000. The dividend yield ratio is closest to:

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 21E

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