Multiple Choice
Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below:
Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The dividend yield ratio for Year 2 is closest to:
A) 2.81%
B) 66.67%
C) 1.87%
D) 0.94%
Correct Answer:

Verified
Correct Answer:
Verified
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