Exhibit 6-1 Morgan Company Reported the Following Information for the Year

question 75

Multiple Choice

Exhibit 6-1 Morgan Company reported the following information for the year ended December 31, 2010:
$\begin{array}{ll}\text { Net income } & \$ 800,000 \\\text { Preferred dividends declared and paid } & 100,000 \\\text { Common dividends declared and paid } & 160,000 \\\text { Average common shares outstanding } & 140,000 \\\text { Ending market price per share } & 30 \\\text { Net sales } & 7,400,000\end{array}$
- Refer to Exhibit 6-1.Morgan's 2010 dividend yield was

• A)2.4%
• B)3.8%
• C)6.9%
• D)114%

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Definitions:

Attachment Categories

Classification of the patterns of emotional bonds between individuals, such as secure, avoidant, and anxious attachment, primarily identified in developmental psychology.

Disorganized

Refers to a state or condition where there is a lack of structure, order, or coherence.

Attachment Relationships

Emotional bonds formed between individuals, significant for personal development.

Infant

An infant is a young child in the earliest stage of life, typically from birth to one year old.