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Sperle Corporation has provided the following data concerning its stockholders' equity accounts:
Net income for Year 2 was $30,400. Dividends on common stock during Year 2 totaled $6,400. The market price of common stock at the end of Year 2 was $3.08 per share.
-The company's dividend yield ratio for Year 2 is closest to:
Equilibrium Quantity
The quantity of goods or services supplied is exactly equal to the quantity of goods or services demanded at the market equilibrium price.
Demand
The amount of a product or service that buyers are ready and able to buy at different prices over a specified time frame.
Supply
The total amount of a specific good or service available for purchase at any given time.
Wheat Farmer
An individual or entity engaged in the cultivation of wheat as a commercial agricultural activity.
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