Corporation X, with a current market value of P62, gave a dividendof P9 per share for its common stock. Corporation Y, with a currentmarket value of P90, gave a dividend of P11 per share. Whichcompany has higher stock yield ratio?

The stock yield ratio determines how much cash flow an investor is earning for each rupee invested…

Corporation X, with a current market value of P62, gave a dividend of P9 per share for its common stock. Corporation Y, with a current narket value of P90, gave a dividend of P11 per share. Which company has higher stock yield ratio?

Corporation X, with a current market value of P62, gave a dividend of P9 per share for its common stock. Corporation Y, with a current narket value of P90, gave a dividend of P11 per share. Which company has higher stock yield ratio?

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

Corporation X, with a current market value of P62, gave a dividend
of P9 per share for its common stock. Corporation Y, with a current
market value of P90, gave a dividend of P11 per share. Which
company has higher stock yield ratio?

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