Andrew purchased a stock for $175 and sold it for $250 one year later. If he earned a dividend income of $30, the stock's yield is:
A. 42 percent.
B. 53 percent.
C. 81 percent.
D. 60 percent.
E. 72 percent.
Answer: D
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Underestimating the number of tons of a mineral that can be mined over a mineral deposit's life will result in
a. overstated total assets each year. b. overstated net income each year. c. overstated depletion expense each year. d. no effect on total assets each year.
The ________ makes individual executives responsible for their company's financial disclosures.
A. National Capital Act B. Bank Secrecy Act C. Walsh Healey Act D. Sarbanes-Oxley Act E. States Commemorative Coin Program Act
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000Sales revenue$1,560,000Variable manufacturing expense$660,000Fixed manufacturing expense$448,000Variable selling and administrative expense$180,000Fixed selling and administrative expense$214,000Net operating income$58,000The company's degree of operating leverage is closest to:
A. 12.41 B. 26.90 C. 1.27 D. 3.45
Which of the following is a part of the rules that govern behavior in most nations:
a. the Old Testament b. the New Testament c. social customs d. the Torah e. all of the other choices are parts of the rules