=+EX 15-31 Dividend yield Problems Series A Roman Products, Inc., is a wholesaler of men’s hair products. The company began operations on January 1, 2010. The following transactions relate to securities acquired by Roman Products, Inc., which has a fiscal year ending on December 31:

2010 Jan. 3. Purchased 3,000 shares of Whalen Inc. as an available-for-sale investment at

$46 per share, including the brokerage commission.

July 6. Split Whalen Inc. stock 2 for 1 and received the regular cash dividend of

$0.60 per share on the Whalen Inc. stock after the split.

Oct. 14. Sold 900 shares of Whalen Inc. stock at $25 per share, less a brokerage commission of $50.