Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 14 grapefruit, inc. provides the followin

Question 14 Grapefruit, Inc. provides the following information for 20x8: Net income $35,000 Market price...

80.2K

Verified Solution

Question

Accounting

image
Question 14 Grapefruit, Inc. provides the following information for 20x8: Net income $35,000 Market price per share of common stock $19/share Dividends paid $0.75/share Common stock outstanding at Jan. 1. 2018 130,000 shares Common stock outstanding at Dec. 31, 2018 160,000 shares The company has no preferred stock outstanding. Calculate the dividend yield for common stock 4.11% 2.68% 0 1.26% 3.95%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Investment companies and performance evaluation 1) Consider two different hedge funds with the following data related to performance: Hedge...

Chemistry
1.2K views

1.Which type of radioactive emission is analogous to an electron being emitted? positron, neutrons, alpha particle, gamma...

Accounting
1.2K views

1- Direct Materials Variances Silicone Engine Inc. produces wrist-worn tablet computers. The company uses Thin Film Crystal (TFC)...

Physics
1.2K views

3 Assertion When a gas is allowed to expand work done by gas is positive...

Calculus
1.2K views

6 A 2012 study asked respondents about their confidence in banks and financial institutions as...

Algebra
1.2K views

An imaginary number (unit) is a subset of the Real number system.TrueFalse

Algebra
1.2K views

Rationalize the denominator 11 N

Accounting
1.2K views

3 10 points C&Q Marketing (COM) recently hired a new marketing director, Jeff Otos, for...

Accounting
1.2K views

Soft and Cuddiy Friends (SCF) produces soft dolls. Demand for the dolls is increasing, and...

Accounting
1.2K views

Given the following data, calculate product cost per unit under absorption costing. Direct labor Direct...

Finance
1.2K views

Vinatexs Board of Directors is deciding whether they should invest in which new factory between...

Finance
1.2K views

Bir retici, iini bytme frsatnn deerini deerlendirmek iin riskten bamsz deerleme kullanr. reticinin risk tutumu...