Uhri Corporation Has Provided the Following Data: Dividends on Common

question 94

Multiple Choice

Uhri Corporation has provided the following data: Dividends on common stock during Year 2 totaled $4,000. The market price of common stock at the end of Year 2 was $6.08 per share. The company's dividend payout ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) 7.8%
• B) 1.3%
• C) 11.1%
• D) 0.8%

---

Definitions:

Genetic Differences

Variations in the DNA sequences among individuals, populations, or species that lead to diversity in traits, behaviors, and susceptibility to diseases.

Isthmus of Panama

A narrow strip of land connecting North and South America, significantly impacting ocean currents and global climate patterns, as well as migration of species.

Geographic Barrier

A physical or environmental feature that prevents the free movement of species, leading to genetic isolation and potentially speciation.

Allopatry

Occurs when populations are in separate, nonoverlapping geographic areas (that is, they are separated by geographic barriers to gene flow).