1. All else constant, what would Chester’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Crimp’s promotional budget and $750,000 for Crimp’s sales budget?
9.5%
8.3%
7.2%
9.9%
2. Currently Baldwin is paying a dividend of $18.79 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?
$22.43
$3.64
9.4%
11.2%