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23) Partridge, Inc. provides the following information for 2017: 23 ) Net Income $33,000 Market price per share of common stock $13/share Dividends paid $0.90/share

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23) Partridge, Inc. provides the following information for 2017: 23 ) Net Income $33,000 Market price per share of common stock $13/share Dividends paid $0.90/share Common stock outstanding at Jan 1, 2017 110,000 shares Common stock outstanding at Dec 31, 2017 155,000 Shares The company has no preferred stock outstanding. Calculate the dividend yield for common stock. (Round your answer to two decimal places.) A) 5.00% B) 1.92% C) 7.4% D) 6.92% 24) A company reports total assets of $870,000 and stockholders' equity of S560,000. Calculate the debt 24) ratio. (Round your answer to two decimal places.) A) 64.37% B) 55.36% C) 39.16% D) 35.63% 10 I 25) The trend analysis report of Doppler, Inc. is given below (in millions): 25) Net income Trend percentages 2018 $700 175% 2017 $607 151% 2016 $456 114% 2015 $403 100% 2014 $401 100% Which of the following is a correct conclusion from the above analysis? A) Net Income for 2017 decreased by 151% from 2016 B) Net income for 2018 increased by 175% from 2017 C) Net income for 2018 is 175% of that for 2014 D) Net income for 2017 is 151% of the previous year

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