Dividends Announced During the Period ÷ the Number of Shares

question 21

Multiple Choice

Dividends announced during the period ÷ the number of shares on issue is the formula for:

• A) the dividend payout ratio.
• B) the dividend yield ratio.
• C) the dividend per share ratio.
• D) the return on dividends ratio.

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Definitions:

R-134a Refrigerants

A type of hydrofluorocarbon (HFC) refrigerant used in automotive and residential air conditioning systems noted for its low impact on the ozone layer.

Electronic Leak Detector

Handheld devices with a flexible probe used to seek out refrigerant leaks. When a leak is detected, a flashing light or buzzer signals the technician.

Truck A/C System

The air conditioning system in a truck, designed to cool the interior of the vehicle to enhance occupant comfort.

Adding Oil

The process of introducing more oil to a system or component to ensure proper lubrication and functionality.