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Lesmerises Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 54

Multiple Choice

Lesmerises Corporation's most recent balance sheet and income statement appear below: Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The dividend yield ratio for Year 2 is closest to: A) 1.75% B) 7.02% C) 80.00% D) 8.77% Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The dividend yield ratio for Year 2 is closest to: A) 1.75% B) 7.02% C) 80.00% D) 8.77% Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share.
-The dividend yield ratio for Year 2 is closest to:


A) 1.75%
B) 7.02%
C) 80.00%
D) 8.77%

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