Use the Following Information to Answer Questions

question 80

Multiple Choice

Use the following information to answer questions
Green Thumb Garden Supplies reported the following information for 2012 and 2013.
-What is the dividend yield for 2013?

• A)2.3%
• B)4.4%
• C)9.0%
• D)12.5%

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Definitions:

Standard Deduction

The fixed amount the IRS allows taxpayers to subtract from their taxable income if they do not itemize deductions, differing by filing status.

Exemption

A provision that reduces or eliminates a taxpayer's obligation to pay tax, typically based on certain conditions or qualifications.

Tax Bill

A statement from a government authority specifying the amount of tax owed by an individual or entity.

Proration

The allocation or division of financial amounts based on a proportionate distribution, often applied in billing, refunds, or dividends.