Solved

Cameron Company Had 50,000 Common Shares Issued and Outstanding During

Question 34

Multiple Choice

Cameron Company had 50,000 common shares issued and outstanding during the year just ended.The following information pertains to these shares: Cameron Company had 50,000 common shares issued and outstanding during the year just ended.The following information pertains to these shares:   The total dividend on common shares for the year was $400,000.What was Cameron Company's dividend yield ratio for the year? A)  8.89%. B)  9.41%. C)  11.43%. D)  20.00%.
The total dividend on common shares for the year was $400,000.What was Cameron Company's dividend yield ratio for the year?


A) 8.89%.
B) 9.41%.
C) 11.43%.
D) 20.00%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents