
Concept explainers
Income Stock:
Income stock is that stock which gives good and stable returns to the investor. It is the stock which the investor buys to receive regular income.
Market price per share:
It is the price at which investors is ready to buy and sell a particular stock at a particular point of time.
Dividends:
It is the amount of the income that company distributes among its shareholders. It can does it in two ways either they can issue stock dividend or cash dividend.
Dividend Yield:
Dividend yield is a ratio that shows dividend payout in relation to share price in percentage terms.
To compute: Dividend yields of the share and identify non income stock.

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Chapter 11 Solutions
Financial & Managerial Accounting: Information for Decisions w Access Card, 5th edition, ACC 211 & 212, Northern Virginia Community College
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