A company reports basic earnings per share of $4.70, cash dividends per share of $1.85, and a market price per share of $65.35. The company's dividend yield equals:

Multiple Choice

• 2.83%.

• 2.37%.

• 3.54%.

• 14.20%.

• 7.04%.

In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information:

Cash balance per company books on April 30	$ 6,265
Deposits in transit at month-end	$ 1,320
Outstanding checks at month-end	$ 640
Bank charge for printing new checks	$ 55
Note receivable and interest collected by bank on Donahues behalf	$ 750
A check paid to Donahue during the month by a customer is returned by the bank as NSF	$ 500

The adjusted cash balance per the books on April 30 is:

Multiple Choice

• $5,820

• $4,500

• $6,460

• $8,140

• $6,960

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,100 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is:

Multiple Choice

• Account Title	Debit	Credit
  Accounts ReceivableA. Hopkins	2,100
  Allowance for Doubtful Accounts		2,100

• Account Title	Debit	Credit
  Allowance for Doubtful Accounts	2,100
  Bad debts expense		2,100

• Account Title	Debit	Credit
  Accounts ReceivableA. Hopkins	2,100
  Bad debts expense		2,100
  Cash	2,100
  Accounts ReceivableA. Hopkins		2,100

• Account Title	Debit	Credit
  Allowance for Doubtful Accounts	2,100
  Accounts ReceivableA. Hopkins		2,100

• Account Title	Debit	Credit
  Cash	2,100
  Accounts ReceivableA. Hopkins		2,100