2.3 B, Inc. stock is selling for $31.50 per share. It's net income for the...
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Accounting
2.3 B, Inc. stock is selling for $31.50 per share. It's net income for the year was $210,000. It pays dividends of $1.47 per share. Other information is shown below.
| Assets | $7,000,000 |
| Liabilities | $5,740,000 |
| Stock shares outstanding | 100,000 |
Problem 3.4
The dividend yield is:
Group of answer choices
7.00%
4.67%
70.00%
11.67%
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