Montreal Electronics Has the Following Data Available What Is the Dividend-Yield for Montreal Electronics in 2013? Has

question 100

Multiple Choice

Montreal Electronics has the following data available: $\begin{array}{lll}&2013&2012\\\text { Net Income } & \$ 90 & \$ 80 \\\text { Earnings Per Share } & \$ .45 & \$ .40 \\\text { Annual Common Dividends Per Share } & \$ .40 & \$ .20 \\\text { Closing Market Price Common Stock, } 12 / 31 & \$ 9.00 & \$ 6.00\end{array}$ What is the dividend-yield for Montreal Electronics in 2013? Has the dividend-yield increased or decreased since 2012?

• A)10.0%,decreased
• B)3.3%,decreased
• C)4.4%,increased
• D)4.4%,decreased
• E)3.3%,increased

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Definitions:

Respondent Behavior

A type of behavior that is elicited as an automatic response to a certain stimulus without the organism engaging in any conscious decision making.

Operant Behavior

A method of learning that employs rewards and punishments for behavior, emphasizing the strength of behaviors as a result of their consequences.

Reinforcement

The act of strengthening a response by adding a reward, thus increasing the likelihood that the response will be repeated.

Operant Behaviors

Actions that an individual takes that are modified by the consequences they lead to, extensively studied in operant conditioning.