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:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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
55,000
$ 11.25
$ 0.50
$ 200,000
$ 80,000.
Dividends per share
Total assets, end of the year
Total liabilities, end of the year
The dividend yield ratio is closest to:
Multiple Choice
6.5%.
41.7%.
7.8%.
Transcribed Image Text: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 55,000 $ 11.25 $ 0.50 $ 200,000 $ 80,000. Dividends per share Total assets, end of the year Total liabilities, end of the year The dividend yield ratio is closest to: Multiple Choice 6.5%. 41.7%. 7.8%.
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