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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615 Exercise 24
Dividend yield
The market price for Microsoft Corporation closed at $26.71 and $25.96 on December 31, current year, and previous year, respectively. The dividends per share were $0.80 for current year and $0.64 for previous year.
a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. (Round percentages to two decimal places.)
b. Interpret these measures.
The market price for Microsoft Corporation closed at $26.71 and $25.96 on December 31, current year, and previous year, respectively. The dividends per share were $0.80 for current year and $0.64 for previous year.
a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. (Round percentages to two decimal places.)
b. Interpret these measures.
Explanation
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a. Calculation of dividend yield for pre...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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