Gonzales Corporation’s common stock (Ordinary Shares) account for 2023 and 2022 showed: (check the attached photo) Calculate the (A) dividend yield, and (B) dividend payout. Choose the bullet with correct answer (A) 2023 – 0.025, 2022 – 0.036, (B) 2023 – 0.23, 2022 – 0.30 (A) 2023 – 0.035, 2022 – 0.046, (B) 2023 – 0.33, 2022 – 0.40 (A) 2023 – 0.045, 2022 – 0.056, (B) 2023 – 0.43, 2022 – 0.50 (A) 2023 – 0.055, 2022 – 0.066, (B) 2023 – 0.53, 2022 – 0.60

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Gonzales Corporation’s common stock (Ordinary Shares) account for 2023 and 2022 showed: (check the attached photo)

Calculate the (A) dividend yield, and (B) dividend payout.

Choose the bullet with correct answer

  • (A) 2023 – 0.025, 2022 – 0.036, (B) 2023 – 0.23, 2022 – 0.30
  • (A) 2023 – 0.035, 2022 – 0.046, (B) 2023 – 0.33, 2022 – 0.40
  • (A) 2023 – 0.045, 2022 – 0.056, (B) 2023 – 0.43, 2022 – 0.50
  • (A) 2023 – 0.055, 2022 – 0.066, (B) 2023 – 0.53, 2022 – 0.60
  • (A) 2023 – 0.065, 2022 – 0.076, (B) 2023 – 0.63, 2022 – 0.70
Common stock, P10 par value
P45,000
The following data are provided relative to 2023 and 2022:
2023
2022
Dividends
P2,250
P3,600
Market price per share
P
P 20
P
P 22
Earnings per share
Р 2.13
P 2.67
Transcribed Image Text:Common stock, P10 par value P45,000 The following data are provided relative to 2023 and 2022: 2023 2022 Dividends P2,250 P3,600 Market price per share P P 20 P P 22 Earnings per share Р 2.13 P 2.67
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education