The following information is available for Meyer Company: Dividends per share of common stock $1.80 Market price per share of common stock $30.00 Which of the following statements is correct?
a. The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
b. The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
c. The dividend yield is 16.7%, which is of interest to bondholders.
d. The dividend yield is 16.7% which is an important measure of solvency.
b
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Many countries prohibit the use of LIFO for tax or financial reporting purposes
a. True b. False Indicate whether the statement is true or false
Identify the six functions of nonverbal communication. Give an example of each function.
What will be an ideal response?
A CATI is a form of person-administered interview
Indicate whether the statement is true or false
In January, a company pays for advertising space in the local paper for ads to be run during the months of January, February, and March at $1520 a month. The journal entry to record the payment would debit:
A. Accounts Payable and credit Stockholders' Equity for $4560. B. Advertising Expense for $1520, debit Prepaid Advertising for $3040, and credit Cash for $4560. C. Cash for $4560, credit Advertising Expense for $1520, and credit Prepaid Advertising for $3040. D. Accounts Payable and credit Cash for $4560.