Use the Following Information for Questions

question 32

Multiple Choice

Use the following information for questions
During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's dividend yield for 2022 is

• A)$0.875.
• B)1.1%.
• C)6.0%.
• D)16.7%.

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Definitions:

Marginal Revenue

The increase in income achieved by selling an additional unit of a product or service.

Nondiscriminating Monopolist

A monopolist that charges all consumers the same price for its product or service instead of setting different prices for different consumers.

Marginal Revenue

The profit made by selling one more unit of a product or service.

Average Revenue

The amount of revenue generated per unit of output sold, calculated by dividing total revenue by the quantity sold.