A stock’s dividend yield is calculated as the:
A. annual dividend received per share divided by the book value per share of stock.
B. book value per share of stock divided by the annual dividend received per share.
C. annual dividend received per share divided by the market price per share of stock.
D. market price per share of stock divided by the annual dividend received per share.
E. earnings remaining after paying preferred dividends divided by the number of common shares outstanding.
Answer: C
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Poole Company began business on January 1, 2015 . The corporate charter authorized issuance of 5,000 shares of $1 par value common stock, and 4,000 shares of $8 par value, 6% cumulative preferred stock. None of the preferred shares were issued. On July 1, Poole issued 1,000 shares of common stock in exchange for two years rent on a retail location. The cash rental price is $2,400 per month and
the rental period begins on July 1 . The correct entry to record the July 1 transaction will a. Increase Cash, $57,600; Decrease Prepaid Rent, $57,600 b. Increase Prepaid Rent, $57,600; Increase Common Stock, $57,600 c. Increase Prepaid Rent, $57,600? Increase Common Stock, $1,000? Increase Additional Paidin Capital—Common, $56,600 d. Increase Prepaid Rent, $57,600? Increase Common Stock, $5,000? Increase Additional Paidin Capital—Common, $52,600
For an assigned claim to be valid, ________.
A. the contract must not be voidable for any other reason known to the assignor B. the assignee must have a good title to the rights assigned C. the assignor need not have the capacity to contract D. the contract must have been discharged once prior to the assignment
All bank memos reported on the bank reconciliation require entries in the company's accounts
Indicate whether the statement is true or false
The median age in the United States increased from 30 in 1980 to 37 in 2010.
Answer the following statement true (T) or false (F)