Answered: Evergreen Technologies common stock is…

Evergreen Technologies common stock is selling for $35.50 a share and has a dividend yield of 3.2%. What is the dividend amount? A. $0.48 B. $1.14 C. $2.80 D. $3.75

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Question

Please give me correct solution this financial accounting question

Evergreen Technologies common stock is selling for $35.50
a share and has a dividend yield of 3.2%. What is the
dividend amount?
A. $0.48
B. $1.14
C. $2.80
D. $3.75

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