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Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below. Number of shares outstanding 460,000
Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below. Number of shares outstanding 460,000 Par value per share $ 5.00 Dividends paid per share $ 6.00 Market price per share $ 54.00 Earnings per share $ 18.00 The dividend yield ratio is closest to: a. 50.0%. b. 33.3%. c. 120.0%. d. 11.1%
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