Leflore Corporation Has Provided the Following Data: Dividends on Common

question 35

Multiple Choice

Leflore Corporation has provided the following data: Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to:

• A)4.3%
• B)1.2%
• C)35.0%
• D)50.0%

---

Definitions:

Price Of Peaches

The amount of money required to purchase a specific quantity of peaches in the market.

Price Of Pineapples

The amount of money required to purchase a single unit or specified amount of pineapples.

Money Budget

An estimation of the revenue and expenses over a specified future period of time, specifically focusing on cash flows and monetary resources.

Calorie Limit

A nutritional guideline specifying the maximum number of calories to be consumed in a day to maintain or achieve certain health goals.