The market price of Shaw Corporation's common stock is $47.50. Shaw declared and paid cash dividends of $3.28 per share and had earnings per share of $6.89. The Dividend yield ratio is:
A. 7.4%.
B. 144.8%.
C. 6.9%.
D. 14.5%.
E. 6.5%.
Answer: C
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A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately
a. $7.00 b. $112.00 c. $37.50 d. $600.00
How many FASB members currently make up the Board?
A) 5 B) 7 C) 21 D) 33
The direct method of reporting the cash flows from operating activities on the statement of cash flows is the method most widely used in practice
Indicate whether the statement is true or false
If a job candidate files charges of employment discrimination against a company, the burden of proof in the case falls on:
A) the employer to prove that all pre-employment questions are job-related and nondiscriminatory. B) the candidate to prove that some pre-employment questions and actions were discriminatory. C) the Equal Employment Opportunity Commission representing the job candidate in the lawsuit. D) None of the above