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Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends. The market price of
Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $160. Larned Company's dividend yield ratio on December 31, Year 2 was closest to: A) 8.7% B) 9.1% C) 8.3% D) 5.5%
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