The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...

Question

Question

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending

Using the data provided for Diane Company, what is the dividend yield? a. 13.3% b. 0.75% c. 7.5% d. 1.3%

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Solution:

Dividend yield = Total dividend paid / Market price of common stock outstanding

= $9,000 / (6000*$20) = 7.5%

Hence option c is correct.

Add a comment

Answer 2

Similar Homework Help Questions

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on Cash and short investments Account (het) Pourtand out $30.000 20.000 15.00 1551500 $250,000 L ies and Stockholders' Equity $45.000 20.000 1351000 $250.000 Sacs Tools Common and stories out home Sument SAS 600 Cast of goods sold Grosmarin Goering expenses $40,000 (15.000) 15.000 $20.000 6.000 Number of shares of common stock outstanding Man of common...
15.The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...

15.The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments $ 30,000 Accounts receivable (net) 20,000 Inventory 15,000 Property, plant, and equipment 185,000 Total assets $250,000 Liabilities and Stockholders' Equity Current liabilities $ 45,000 Long-term liabilities 70,000 Stockholders' equity—Common 135,000 Total liabilities and stockholders' equity $250,000 Income Statement Sales...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and e...

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on cred Assets Cash and short-term investments $ 30,000 Accounts receivable (net) 20.000 15,000 Inventory Property, plant, and equipment Total assets 185.000 $250,000 Liabilities and Stockholders' Equity Current liabilities $ 45,000 Long-term liabilities 70.000 135.000 Stockholders' equity-Common Total liabilities and stockholders' equity $250.000 Income Statement Sales $85,000 Cost of goods sold 45.000 $40,000 Gross margin...

The fallowing information pertains to Diane Company. Assume that all balance sheet amounts represent bath average...

The fallowing information pertains to Diane Company. Assume that all balance sheet amounts represent bath average and ending balance figures. Assume that all sales were on credit. Use this information to answer the questipn that fallow. Assets Cash and short-term investments $36,447 Accounts receivable (net) 32,275 Inventory 30,272 Property, plant, and equipment 295,503 $394,497 Total assets Liabilities and Stockholders' Equity Current liabilities $64,781 Long-term liabilities 97,117 Stockhalders' equity-Common 232,599 Tatal liabilities and stockholders' equity $394,497 Income Statement Net Sales $86,444...
The following information pertains to Unique Company. Assume that all balance sheet ent both average and ending balance...

The following information pertains to Unique Company. Assume that all balance sheet ent both average and ending balance figures. Assume that all sales were on amounts repres credit. Assets Cash and short-term investments S 40,000 25,000 Accounts receivable (net) 20,000 Inventory Property, plant and equipment Total Assets Liabilities and Stockholders Equity Current liabilities 60,000 85,000 Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders Equity $295.000 Income Statement S 85,000 45.000 Sales revenue Cost of goods sold 40,000 Gross margin Operating...
The following information pertains to Swifty Corporation. Assume that all balance sheet amounts represent both average...

The following information pertains to Swifty Corporation. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 50300 Accounts receivable (net) 39200 Inventory 23200 Property, plant and equipment 226000 Total Assets $338700 Liabilities and Stockholders’ Equity Current liabilities $ 60000 Long-term liabilities 95000 Stockholders’ equity—common 183700 Total Liabilities and Stockholders’ Equity $338700 Income Statement Sales revenue $97000 Cost of goods sold 71800 Gross profit 25200 Operating...

The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average...

The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 80,000 Accounts receivable (net) 30,000 Inventory 26,000 Property, plant, and equipment 300,000 Total assets 436,000 Liability and Stockholders’ Equity Current liabilities 81,000 Long-term liabilities 100,000 Stockholders’ equity – common 255,000 Total Liabilities and Stockholders’ Equity 436,000 Income Statement Sales 230,000 Cost of goods...
The following information pertains to Vaughn Manufacturing. Assume that all balance sheet amounts represent both average...

The following information pertains to Vaughn Manufacturing. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 47500 Accounts receivable (net) 35600 Inventory 27900 Property, plant and equipment 210000 Total Assets $321000 Liabilities and Stockholders’ Equity Current liabilities $ 52900 Long-term liabilities 80300 Stockholders’ equity—common 187800 Total Liabilities and Stockholders’ Equity $321000 Income Statement Sales revenue $128160 Cost of goods sold 60520 Gross margin 67640 Operating...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average...

The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 50,000 Accounts receivable (net) 50,000 Inventory 23,000 Property, plant, and equipment 308,000 Total assets 431,000 Liability and Stockholders’ Equity Current liabilities 75,000 Long-term liabilities 120,000 Stockholders’ equity – common 236,000 Total Liabilities and Stockholders’ Equity 431,000 Income Statement Sales 265,000 Cost of goods sold 89,000 Gross profit 176,000 Operating Expenses 80,000 Net...

Company Assume that a balance sheet The following information pertains to Band amounts represent average balance fig...

Company Assume that a balance sheet The following information pertains to Band amounts represent average balance figures Total assets Stockholders' equity common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends $300,000 150,000 200,000 100.000 25.000 6.000 5.000 7,000 22. What is the return on common stockholders' equity ratio for Benedict? a 16.7% b. 12.0% c. 13.3% d. 9.0% 23. The following information pertains to Marsh Company. Assume that all balance sheet...

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...

Homework Answers