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Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $0.6 million
Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $0.6 million in dividends, and had net income of $1 million in fiscal 2005. At the end of 2005, its total assets, liabilities, and retained earnings were $25 million, $15 million, and $7.5 million, respectively. Book value per share is $10 per share. Fluno's price-to-book ratio and dividend yield ratios for 2005 are Price-to-bok Dividend vield A) B) C) D) 60% 60% 4% O OptionA Option B O Option C C Option D
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