Leflore Corporation Has Provided the Following Data

question 20

Multiple Choice

Leflore Corporation has provided the following data:
Dividends on common stock during Year 2 totaled $6,000.The market price of common stock at the end of Year 2 was $1.38 per share.The company's dividend yield ratio for Year 2 is closest to:

• A) 4.3%
• B) 1.2%
• C) 35.0%
• D) 50.0%

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Definitions:

Cognitively Impaired

Referring to individuals who have difficulty with mental processes such as attention, memory, understanding, and problem solving.

Validation Therapy

A therapeutic approach that involves acknowledging and validating the feelings and experiences of people with cognitive impairments, often used with dementia patients.

Frantically Tries

Engages in hurried, desperate efforts or attempts to accomplish something, often characterized by chaotic and frenzied actions.

Startle Reactions

Involuntary physical responses to sudden or unexpected stimuli, such as loud noises or sudden movements.