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

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

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