Financial Statements for Oram Company Appear Below: Dividends

question 157

Multiple Choice

Financial statements for Oram Company appear below: Dividends during Year 2 totaled $161 thousand, of which $10 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $610.
-Oram Company's dividend yield ratio on December 31, Year 2 was closest to:

• A) 2.9%
• B) 3.3%
• C) 0.4%
• D) 3.1%

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Definitions:

Nonmajority Unionism

A labor movement strategy where a union represents interested workers without achieving formal recognition or majority status through a collective bargaining agreement.

Temporary Workers

Employees hired for a fixed period or for the completion of a specific project, often without the benefits provided to permanent staff.

Card Check Recognition

A method for employees to establish a union as their bargaining representative through a majority of them signing authorization cards, as opposed to holding a secret ballot election.

Union Representation Elections

Elections conducted to determine whether employees want to be represented by a union, often overseen by a governmental agency to ensure fairness.