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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 42
Dividend yield
At the market close on March 28 of a recent year, McDonald's Corporation had a closing stock price of $99.69. In addition, McDonald's Corporation had a dividend per share of $2.87 during the previous year.
Determine McDonald's Corporation's dividend yield. (Round to one decimal place.)
At the market close on March 28 of a recent year, McDonald's Corporation had a closing stock price of $99.69. In addition, McDonald's Corporation had a dividend per share of $2.87 during the previous year.
Determine McDonald's Corporation's dividend yield. (Round to one decimal place.)
Explanation
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Calculation of dividend yield:...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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