The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

What is the dividend yield for this company? Round your answer to one decimal point.
A) 4.5%
B) 9.0%
C) 16.6%
D) 22.2%

Question

The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

What is the dividend yield for this company? Round your answer to one decimal point.
A) 4.5% 
B) 9.0% 
C) 16.6% 
D) 22.2%

Quizplus · Accepted Answer

Dividend Yield = Dividend per share / Market value per share
There is no information given about the dividend per share or the market value per share in the given information. Hence, we cannot calculate the dividend yield for Carlton Company. Therefore, the correct choice would be "Not enough information given".

The Following Information Pertains to Carlton Company