Dadisman Corporation's Most Recent Balance Sheet and Income Statement Appear

question 61

Multiple Choice

Dadisman Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $30 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of Year 2 was $6.75 per share.
-The dividend payout ratio for Year 2 is closest to:

• A) 42.9%
• B) 100.0%
• C) 60.0%
• D) 2,000.0%

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing patterns of thought, feeling, and behavior.

Gender

A social construct related to cultural differences in roles, behaviors, activities, and attributions assigned to males and females.

Alpha Block

A pharmacological blockade of alpha-adrenergic receptors, affecting blood vessels and muscles control.

Concentration

The measure of the amount of a sub-component (especially solute) contained in a solution.