Author Question: A manufacturing company pays an annual dividend of 4.16 and lists a closing price of 130. What is ... (Read 70 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
A manufacturing company pays an annual dividend of 4.16 and lists a closing price of 130. What is the current percent yield?
 A) 0.032
  B) 0.32
  C) 3.2
  D) 32

Question 2

The Board of Directors of Ross Corp has decided to distribute 300,000 to its stockholders. There are 62,000 shares of 6 preferred stock, 75 par value, and 4,800 shares of common stock. What is the dividend per share to be paid to common stockholders?
 A) 4.38
  B) 4.50
  C) 21,000
  D) 279,000



Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library