A company reports basic earnings per share of $4.50, cash dividends per share of $1.75, and a market price per share of $65.25. The company's dividend yield equals:
A. 2.73%.
B. 14.82%.
C. 6.75%.
D. 2.68%.
E. 3.67%.
Answer: D
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In an income statement prepared as an internal report using the variable costing method, fixed manufacturing overhead would
a. not be used. b. be used in the computation of operating income but not in the computation of the contribution margin. c. be used in the computation of the contribution margin. d. be treated the same as variable manufacturing overhead.
When you become the first person your boss thinks of when he or she has an assignment to be done right and on time, what is more likely to happen?
A) More Work B) Promotion C) Less Work D) Demotion E) CEO
Anthony Corporation reported the following amounts for the year: Net sales$296,000 Cost of goods sold 138,000 Average inventory 50,000 Anthony's average days in inventory is: (Round to the nearest whole day.)
A. 151 days. B. 132 days. C. 114 days. D. 170 days.
Which of the following is least likely to affect household demand for loanable funds?
a. a decrease in tax rates b. an increase in interest rates c. a reduction in positive net present value (NPV) projects available d. All of the above are equally likely to affect household demand for loanable funds.