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K Corp provides the following information for 2025: Net income $104,000 Market price per share of common stock $7.00/share Dividends paid per share of common
K Corp provides the following information for 2025:
Net income | $104,000 |
Market price per share of common stock | $7.00/share |
Dividends paid per share of common stock | $1.25/share |
Earnings per share | $3.30/share |
1. Calculate the dividend yield for common stock. (Round your answer to two decimal places.)
2. Calculate the dividend payout ratio. (Round your answer to two decimal places.)
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, Kung Chen, Thomas Lin
1st Edition
0070059160, 978-0070059160
