The Following Information Was Available for the Year Ended December

question 27

Multiple Choice

The following information was available for the year ended December 31, 2019: $$\begin{array} { l r } \text { Net income } & \$ 50,000 \\\text { Average total assets } & 600,000 \\\text { Dividends per share } & 1.40 \\\text { Earnings per share } & 5.00 \\\text { Market price per share at year-end } & 70.00\end{array}$$ The dividend yield for 2019 was:

• A)1.4%
• B)2.0%
• C)8.3%
• D)28.0%

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Definitions:

Biologically-Based Drives

Innate impulses derived from biological needs that motivate behavior, such as hunger, thirst, and sleep.

Survival and Reproduction

Fundamental biological drives that influence behavior and evolution, focusing on staying alive and producing offspring.

Cognitive Equilibrium

A state of mental balance where a person's existing knowledge, beliefs, and thoughts are consistent with their experiences and information from the environment.

Piaget

A Swiss psychologist known for his pioneering work in child development, emphasizing stages of cognitive growth such as sensorimotor and operational phases.