Solved

Financial Statements for Larkins Company Appear Below

Question 106

Multiple Choice

Financial statements for Larkins Company appear below:
Financial statements for Larkins Company appear below:     Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.    -Larkins Company's dividend yield ratio on December 31, Year 2 was closest to: A)  4.6% B)  5.0% C)  2.1% D)  4.1%
Financial statements for Larkins Company appear below:     Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.    -Larkins Company's dividend yield ratio on December 31, Year 2 was closest to: A)  4.6% B)  5.0% C)  2.1% D)  4.1%
Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.


-Larkins Company's dividend yield ratio on December 31, Year 2 was closest to:


A) 4.6%
B) 5.0%
C) 2.1%
D) 4.1%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions