The Phibbs Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at $80. What is this company's dividend yield?
A. 16.9%
B. 10%
C. 6.4%
D. 25%
Answer: B
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Which of the following types of discounts are offered to induce prompt payment by customers?
A) Quantity discounts B) Nontrade discounts C) Trade discounts D) Sales discounts
A decrease in accounts receivable during a period indicates that a firm collected more ____________________ as the amount of revenues included in net income
Fill in the blank(s) with correct word
Singles of any age are more likely to spend money on expensive cars, entertainment, and recreation, while new parents spend money on baby furniture. These purchases reflect the different stages of the ________
A) lifestyle spectrum B) personality spectrum C) family life cycle D) social class hierarchy E) self-concept cycle
Of the OECD 30 countries, most employ a worldwide approach to tax policy, but a few, including the United States, use the worldwide approach
Indicate whether the statement is true or false.