Q1 Brigand Ltd. has 2 million shares issued with a market price of $2.50 each. The company wants to pay a dividend of 60% of its after-tax profits of $1,750,000. The dividend yield would be

Select one:

a. 60%

b. 52.5%

c. 25%

d. 21%

Q2

Brule Ltee's statement of comprehensive income shows the following:

20122011Sales$1,250,000$1,175,000Cost of sales787,000715,000Selling of admin. expenses324,000323,000

Based on the figures, which one of the following statements is true?

Select one:

a. Sales, cost of sales, and selling and administration expenses have all increased, therefore operating profit, gross margin, and operating margin have all increased

b. Although the operating profit has decreased, the operating margin has increased as a result of sales growth and an increase in gross profit

c. The operating profit has decreased due to lower gross margins and higher expenses, despite sales growth

d. Although the operating profit has increased, the operating margin has decreased as a result of a reduction in the gross margin and higher expenses, despite sales growth.

Q3

The termtriple bottom linerefers to disclosing which information?

Select one:

a. Financial, economic and social

b. Assets, liabilities, and shareholders' equity

c. Names of owners, directors, and employees

d. Revenues, expenses, and profits