If a stock's price is $20 at the beginning of a year and $17 at the end of the year, and it pays a dividend of $2 during the year, then the stock's current yield is ____ percent.
A. ?15
B. ?5
C. 5
D. 10
Answer: D
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When a source document provides authority for a business activity to occur, the source document is said to ______________________________ the activity
Fill in the blank(s) with correct word
Balance sheet and income statement data indicate the following: Bonds payable, 6% (this is year 4 of 20 years) Preferred 8% stock, $100 par(no change during the year) $1,200,000 200,000 Common stock, $50 par (no change during the year) 1,000,000 Income before income tax for year 340,000 Income tax for year 80,000 Common dividends paid 60,000 Preferred dividends paid 16,000 Based on the data
presented above, what is the number of times bond interest charges were earned (round to twodecimal places)? a. 5.72 b. 6.83 c. 4.72 d. 4.83
Dorcal, Inc. manufactures plastic components. The company has a low level of efficiency and low level of effectiveness, which means it is most likely to produce a
A. high-quality product that the company makes a profit on. B. product that customers want, but that is too expensive for them to buy. C. quality product that customers want at a price they can afford. D. low-quality product that customers do not want. E. high-quality product that customers do not want.
If an item is ordered using its economic order quantity, the annual carrying cost should be:
A. slightly less than the annual ordering cost. B. equal to the annual ordering cost. C. twice the annual purchase price. D. the square root of the annual ordering cost. E. none of the above.