i want to know why its is 14%

quiz/review.php?attempt=1457392&cm WEB L TECHNICAL LINKS ONLINE LINKS - STUDENT LINKS Question 4 Correct Mark 10.00 out of 10.00 P Flag question The following information applies to Johnson Company for 2018: Stock market price, December 31, 2018: $110 Common shares outstanding, December 31, 2018: 350,000 Net Income for year 2018: $1,300,000 Retained Earnings, January 1, 2018: $4,090,000 On December 31, 2018, Johnson decides to pay the maximum amount it can in dividends to its shareholders. What is the dividend yield ratio? Select one: a. 14% b. 10.62% c. 3.38% d. None of the these Your answer is correct. The correct answer is: 14% Correct MacBook Pro