Partridge Ltd Provides the Following Information for the Year 2017

question 107

Multiple Choice

Partridge Ltd provides the following information for the year 2017: $\begin{array}{|l|l|}\hline\text { Net profit } & \$ 34,000 \\\hline \text { Market price per share of ordinary shares } & \$ 17 / \text { share } \\\hline \text { Dividends paid } & \$ 0.75 / \text { share } \\\hline \text { Ordinary shares outstanding at } 1 \text { Jan } 2016 & 130,000 \text { shares } \\\hline \text { Ordinary shares outstanding at 31 Dec } 2017 & 150,000 \text { shares }\\\hline\end{array}$ The company has no preference shares outstanding.Calculate the dividend yield for ordinary shares.

• A)4.41%
• B)3%
• C)1.41%
• D)4.62%

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Definitions:

Custom Motion Path

A user-defined trajectory or pathway that an animated object follows in presentation software, allowing for bespoke animations.

Preset Motion Path

A preset motion path is a predefined path that graphical elements or animations can follow in presentation software or animation tools, facilitating sophisticated movement patterns without manual programming.

Emphasis Animation

In presentation software, an animation effect designed to draw attention to an object or text for emphasis.

Trigger

In computing, a mechanism or condition that automatically initiates a specific action or event within a software application or database.