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Polka Dot Inc

question 190

Essay

Polka Dot Inc.has 300,000 shares authorized,190,000 shares issued,and 15,000 treasury shares.It paid $0.34 per share in cash dividends.The market price is $18.97 per share.Calculate (1)the total dividends paid and (2)the dividend yield.


Definitions:

Level of Significance

The threshold chosen by the researcher below which a p-value indicates that the observed result is statistically unlikely to have occurred by chance.

Expected Frequency

The predicted number of times an event will occur over a specified period in a statistical experiment.

Cramér's V

Cramér's V is a measure of association between two nominal variables, giving a value between 0 and 1 to indicate the strength of the relationship.

Cramér's V

A measure of association between two nominal variables, giving a value between 0 and 1.

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