Gypsum Corp. pays out 25% of its earnings as dividends. Earnings per share are currently $1.32, book value per share is $16.80, and the market price per share is $22.44. What is the dividend yield?
A) 1.5%
B) 2.0%
C) 5.9%
D) 7.9%
Answer: A
You might also like to view...
Brice works in sales, but none of the sales reps in his office are allowed to have laptops. Brice knows that if he could get his hands on a laptop, he could sell more than anyone in the office. He secretly figures out a way to sneak a laptop in his office and immediately his sales start to soar. This action by Brice is a direct example of which OB concept?
A. cognitive dissonance B. politics C. commitment D. ingratiation
Under the perpetual inventory system, the entry to recognize inventory losses usually contains a
A) debit to Cost of Goods Sold. B) debit to Merchandise Inventory. C) credit to Gross Margin. D) credit to Cash.
During the year, Miles Nutt, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. At the end of last year, his stock basis was $4,000. The corporation earned $11,000 ordinary income during the year. It has no accumulated E & P. Which statement is correct?
A. Nutt recognizes a $1,000 LTCG. B. Nutt’s stock basis is $2,000. C. Nutt’s ordinary income is $15,000. D. Nutt’s tax-free return of capital is $11,000.
The _ ___ contains the client information that is necessary to establish a new file
Fill in the blank(s) with the appropriate word(s).