Dependable Appliances had a P/E ratio of 25,earnings per share of $4,and retained earnings per share of $3.What was its dividend yield?

Question

Quizplus · Accepted Answer

To calculate the dividend yield, we need to divide the dividend per share by the current stock price. However, the problem only provides us with the earnings per share and retained earnings per share. We don't know the dividend per share or the current stock price. Therefore, we cannot calculate the dividend yield with the given information, and the answer is D) None of the above is correct.

Dependable Appliances Had a P/E Ratio of 25,earnings Per Share