Firehawk Corporation Had Net Income of $560,000 in 20x5 and Paid

question 121

Multiple Choice

Firehawk Corporation had net income of $560,000 in 20x5 and paid dividends of $440,000 on 200,000 shares of outstanding common stock.Total stockholders' equity at the end of 20x5 was $2,060,000 and the market price for each share of Firehawk's stock was $58 throughout 20x5.Additionally,the company paid preferred dividends of $2.40 per share during 20x5.Based on this information,what is the dividend yield on Firehawk's stock?

• A)21.36%
• B)78.57%
• C)3.79%
• D)7.93%

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Definitions:

Telodendria

The fine, branching extensions at the end of axons, which help in transmitting neural signals to other neurons or muscles.

Astrocytes

Star-shaped glial cells in the brain and spinal cord involved in physical and nutritional support for neurons, neurotransmitter regulation, and the formation of the blood-brain barrier.

Microglial Cells

Specialized cells in the central nervous system that act as the primary immune defense and play a role in inflammation and repair after injury.

Cytoplasm Extensions

Structures such as pseudopodia that extend from the cell body to aid in movement or feeding.