Answered: а. 1.8%. с. 15.4%. е. 8.6%. b. 11.7%.…

Business

Accounting

а. 1.8%. с. 15.4%. е. 8.6%. b. 11.7%. d. 55.6%.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A company paid cash dividends of $0.81 per share. Its earnings per share is $6.95 and its market price per share is $45.00. Its dividend yield is:

а. 1.8%.
с. 15.4%.
е. 8.6%.
b. 11.7%.
d. 55.6%.

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