The Hummel Corporation reported the following income statement and balance sheet amounts and additional information for...

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The Hummel Corporation reported the following income statement and balance sheet amounts and additional information for the e Total assets $400,000 $300,000 $16,000 Current liabilities $56,000 Long - term liabilities Common stockholders equity $84,00

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Answer 1

Answer #1

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Correct option is: C. 20.00%

Workings:
Dividend yeild ratio	=	Dividend per share / Current stock price
	=	$5 / $25
	=	20.00%

Dividend per share	=	$100000 / 20000 shares
	=	5

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Answer 2

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