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Question 14 (3 points) A company paid $1.05 in cash dividends per share. Its earnings per share is $3.05, and its market price per
Question 14 (3 points) A company paid $1.05 in cash dividends per share. Its earnings per share is $3.05, and its market price per share is $28.75. Its dividend yield equals: 29.0%. 10.6%. 2.9%. 34.4%. 3.7%. Question 15 (3 points) On January 1, James Incorporated had a retained earnings balance of $142,000. During the year, James reported net income of $194,000 and paid cash dividends of $62,000. Calculate the retained earnings balance at its December 31 year-end.
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