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Information concerning the common stock of Morri...

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Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below. Number of shares outstanding 460,000 Par value per share $ 5.00 Dividends paid per share $ 6.00 Market price per share $ 54.00 Earnings per share $ 18.00 The dividend yield ratio is closest to: a. 50.0%. b. 33.3%. c. 120.0%. d. 11.1%.

 

Paper#4699 | Written in 18-Jul-2015

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