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15. The following information applied to Advanced Industries, Inc. for 2018: Earnings/share $17.68 Market price per share of common $52 stock Number of shares of

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15. The following information applied to Advanced Industries, Inc. for 2018: Earnings/share $17.68 Market price per share of common $52 stock Number of shares of common 52,000 stock outstanding Net income $48,000 Dividends/share $7.14 What is the dividend yield for Advanced Industries, Inc. (to the nearest tenth of a percent)? A. 40.4% OB. 34.0% % C. 13.7% OD. 92.3%

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