A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $11,000 indicates that Dept. Y had a direct expense of $1,200 for deliveries and Dept. Z had no direct expense. The indirect expenses are $9,800. The analysis also indicates that 55% of regular delivery requests originate in Dept. Y and 45% originate in Dept. Z. Departmental delivery expenses for Dept. Y and Dept. Z, respectively, are:

Multiple Choice

• $6,590; $4,410.

• $4,950; $6,050.

• $6,110; $6,050.

• $6,110; $4,830.

• $6,050; $4,950.

A company paid $0.65 in cash dividends per share. Its earnings per share is $2.65, and its market price per share is $26.75. Its dividend yield equals:

Multiple Choice

• 40.8%.

• 9.9%.

• 4.1%.

• 2.4%.

• 24.5%.