Corner Cafe is estimating the value of its securities and was able to gather the following information: Current year dividends amounted to Php6.00 per share Net income of the company during the year amounted to Php750,000 Total outstanding shares of the company is at 100,000 shares Net assets of the company as of the end of the year is at Php2,500,000 Corner Cafe's current shares trade at Php80.00 per share what is the dividend yield of corner cafe?
Corner Cafe is estimating the value of its securities and was able to gather the following information: Current year dividends amounted to Php6.00 per share Net income of the company during the year amounted to Php750,000 Total outstanding shares of the company is at 100,000 shares Net assets of the company as of the end of the year is at Php2,500,000 Corner Cafe's current shares trade at Php80.00 per share what is the dividend yield of corner cafe?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Corner Cafe is estimating the value of its securities and was able to gather the following information:
- Current year dividends amounted to Php6.00 per share
- Net income of the company during the year amounted to Php750,000
- Total outstanding shares of the company is at 100,000 shares
- Net assets of the company as of the end of the year is at Php2,500,000
- Corner Cafe's current shares trade at Php80.00 per share
what is the dividend yield of corner cafe?
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