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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 47
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 ,Jim Reeve ,Jonathan Duchac
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