What Dividend Yield Would Be Reported in the Financial Press

question 73

Multiple Choice

What dividend yield would be reported in the financial press for a stock that currently pays a $1 dividend per quarter and the most recent stock price was $40?

• A)2.5 percent
• B)4.0 percent
• C)10.0 percent
• D)15.0 percent

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Definitions:

Total Overhead Variance

The difference between the actual overhead costs incurred and the standard overhead costs allocated for a particular period, used for budgeting and cost control purposes.

Overhead Controllable Variance

The difference between actual overhead expenses incurred and the budgeted or expected overhead costs that can be managed or controlled.

Standard Hours Allowed

The predetermined amount of time expected to be taken to complete a specific task or job under normal conditions.

Overhead Volume Variance

The difference between the budgeted overhead cost and the applied overhead cost based on actual activity levels.