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Commons,Inc The Company Has No Preferred Stock Outstanding

question 20

Multiple Choice

Commons,Inc.provides the following information for 2018:  Net income $32,000 Market price per share of common stock $19/ share  Dividends paid $0.75/ share  Common stock outstanding at Jan. 1,2018110,000 shares  Common stock outstanding at Dec. 31,2018165,000 shares \begin{array} { | l | r | } \hline \text { Net income } & \$ 32,000 \\\hline \text { Market price per share of common stock } & \$ 19 / \text { share } \\\hline \text { Dividends paid } & \$ 0.75 / \text { share } \\\hline \text { Common stock outstanding at Jan. } 1,2018 & 110,000 \text { shares } \\\hline \text { Common stock outstanding at Dec. } 31,2018 & 165,000 \text { shares } \\\hline\end{array} The company has no preferred stock outstanding.Calculate the dividend yield for common stock.(Round your answer to two decimal places.)


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CPR

Cardiopulmonary resuscitation, a lifesaving procedure that is performed when the heart stops beating, involving chest compressions and breaths.

Patient Advocate

An individual who provides support and guidance to patients, helping them navigate the healthcare system and make informed medical decisions.

Protects Rights

Measures or actions taken to ensure that individual freedoms and entitlements are upheld and not infringed upon.

Patient Education

The process by which health professionals and others impart information to patients and their caregivers that will alter their health behaviors or improve their health status.

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