Solved: A companys stock is selling for 10830 per share at year-end, Accounting Basics

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A companys stock is selling for 10830 per share at year-end

Question - A company's stock is selling for $108.30 per share at year-end. This current year it paid shareholders a $8.30 per share cash dividend, reported earnings per share of $11.00, and had 750,000 common shares outstanding at year-end. Calculate the company's dividend yield.

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Accounting Basics: A companys stock is selling for 10830 per share at year-end

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Accounting Basics: A companys stock is selling for 10830 per share at year-end

Reference No:- TGS02358681

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