Edison Corporation paid a dividend of $10 per share on its $100 par preferred stock and $4 per share on its $20 par common stock. The market value of the common stock is $80 per share. Edison's dividend yield is

a. 5%
b. 10%
c. 25%
d. 20%


a

Business

You might also like to view...

In a short essay, list and discuss the five steps in the sampling design process

What will be an ideal response?

Business

How do successful companies recruit and train their salespeople? What does an effective training program teach salespeople?

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

Ultimate Travel Company fabricates automobiles. Each auto includes one wiring harness, which is currently made in-house. Details of the harness fabrication are as follows:



A factory in India has offered to supply Ultimate Travel with ready-made units for a cost of $8 each. Assume that Ultimate Travel's fixed costs are unavoidable, but the company could use the vacated production facilities to earn an additional $5,000 of profit per month. In order to maximize operating income, Ultimate Travel should outsource.

Business

Which of the following statements is false?

a. When a system has availability, it doesn’t necessarily mean that it also has high reliability. b. Reliability considers the time it takes for a component or system to fail while it is operating. c. Reliability takes into account any downtime associated with the repairs the system may need. d. Reliability does not take into account the time it takes to make the component or system available for use.

Business