A company pays a $4.41 per share cash dividend this year on its common stock. The current market value of the stock is $45.00 per share. Compute the company's dividend yield. If a competitor with a dividend yield of 6.20% is considered an income stock, would we classify this company's stock as a growth stock or an income stock? Complete this question by entering your answers in the tabs below. Dividend Classification Compute the company's dividend yield. Dividend Yield Choose Numerator: < 1 1 1 Dividend Yield Choose Denominator: Dividend Yield = = Dividend Yield Dividend yield Dividend Classification %

General Accounting

Ch 03- Chapter Problems 1. Cute Camel is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before interest and taxes (EBIT). 2. The company's operating costs (excluding depreciation and amortization) remain at 70% of net sales, and its depreciation and amortization expenses remain constant from year to year. 3. The company's tax rate remains constant at 25% of its pre-tax income or earnings before taxes (EBT). 4. In Year 2, Cute Camel expects to pay $100,000 and $1,281,375 of preferred and common stock dividends, respectively. Complete the Year 2 income statement data for Cute Camel, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar. Net sales Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (25%) Earnings after taxes Less: Preferred stock…