Use the Table for the Question(s)below

question 10

Multiple Choice

Use the table for the question(s) below.
Consider the following price and dividend data for Cockatoo Limited:

-Assume that you purchased Cockatoo shares at the closing price on 31 December 2015 and sold it after the dividend had been paid at the closing price on 26 January 2016. Your total return rate (yield) for this period is closest to:

• A)0.70%
• B)-8.80%
• C)0.75%
• D)-8.13%

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Definitions:

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company's total net income.

Cost Of Goods Sold

Costs that are directly incurred in the process of producing goods for sale by a company, such as labor and material expenses.

Selling And Administrative Expenses

Costs incurred by a company that are not directly tied to a specific product or service's production but are necessary for running the business.