Excerpts from Goodrow Corporation's Most Recent Balance Sheet and Income

question 182

Multiple Choice

Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The dividend yield ratio for Year 2 is closest to:

• A)2.81%
• B)66.67%
• C)1.87%
• D)0.94%

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Definitions:

Shared Goals

Objectives that are pursued by a group or team, requiring collaboration and cooperation for achievement.

Communicate Freely

The ability to express thoughts, feelings, or information without restraint or censorship.

Organizational Influence

The capability of individuals or groups within an organization to affect or shape decision-making, behaviors, and the organizational culture.

Informal Groups

Groups that form naturally within the workplace based on personal relationships and common interests rather than structured, formal organization.