Fluno Corporation Has 1 Million Shares Outstanding at the End $\quad$

question 58

Multiple Choice

Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $0.6 million in dividends, and had net income of $1 million in fiscal 2005. At the end of 2005, its total assets, liabilities, and retained earnings were $25 million, $15 million, and $7.5 million, respectively. Fluno's price-to-book ratio and dividend yield ratios for 2005 are:
$\quad$ $\quad$$\underline{\text { Price-to-book}} \quad\underline{\text { Dividend vield }}$
A. $\quad$ $\quad$ $\quad$ 2 $\quad$ $\quad$$\quad$$\quad$$\quad$ $\quad$ 60 %
B. $\quad$ $\quad$ $\quad$ 1.5 $\quad$ $\quad$ $\quad$$\quad$ $\quad$ $\quad$ 60%
C. $\quad$ $\quad$ $\quad$ 1.5 $\quad$ $\quad$ $\quad$$\quad$ $\quad$ $\quad$ 4%
D. $\quad$ $\quad$ $\quad$ 2 $\quad$ $\quad$ $\quad$$\quad$ $\quad$ $\quad$ 4%

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Angry

A powerful sense of irritation, dissatisfaction, or antagonism.

Attentive Parents

Caregivers who are highly watchful, responsive, and engaged in their children's lives, supporting their emotional and developmental needs.

Spoiled

Often refers to a situation where an individual, usually a child, is overindulged or receives excessive material gifts, leading to entitled or problematic behavior.

Frustrated

Feeling upset or annoyed as a result of being unable to change or achieve something.