Presented Below Are Selected Data from the Financial Statements of Carnival

question 169

Multiple Choice

Presented below are selected data from the financial statements of Carnival Corp.for 2017 and 2016. ? $\begin{array}{lrr}&2017&2016\\\text { Net income } & \$ 110,000 & \$ 123,000 \\\text { Cash dividends paid on common stock } & \$ 42,000 & \$ 38,000 \\\text { Market price per share of common stock at the end of the year } & \$ 16.00 & \$ 13.00 \\\text { Shares of common stock outstanding } & 140,000 & 140,000\end{array}$ The dividend yield ratio for 2017 is

• A) 1.9%
• B) 2.1%
• C) 36.3%
• D) 38.1%

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Definitions:

Reprimanding

The act of expressing to someone that they have done something wrong, often in a stern or formal manner.

Rude

Exhibiting or having a discourteous or impolite demeanor or behavior, often characterized by a lack of respect for others.

Extinction

In behavioral psychology, the gradual weakening and eventual disappearance of a conditioned response, typically occurring when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Operant Conditioning

An educational method where behavior is altered by the application of rewards or penalties.