Acme Widget, Inc

question 68

Multiple Choice

Acme Widget, Inc. has one million shares of common stock outstanding at a price per share of $85. The company earned $5 million after taxes. The annual dividend is $3.50 per share. The firm has assets of $125,000,000 and liabilities of $25,000,000. What is the dividend yield?

• A) 3.50 percent
• B) 1.43 percent
• C) 5.00 percent
• D) 4.12 percent
• E) 3.44 percent

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Definitions:

Militarist

An advocate for the maintenance of strong military capabilities and the readiness to use force to protect or promote national interests.

Anti-Semitism

Prejudice, discrimination, or hostility directed against Jewish people.

German Jews

Refers to the Jewish community in Germany, which has a long history but faced persecution, culminating in the Holocaust during World War II.

Bankers and Jewelers

Bankers and Jewelers typically refers to professionals in the finance and luxury goods sectors, highlighting their roles in managing and trading wealth and valuable items.